European markets were mixed on Monday as a shortened trading week begins ahead of Christmas.
The pan-European Stoxx 600 index hovered above the flatline during early morning deals, with most sectors and all major bourses in negative territory.
Trading is expected to be relatively quiet ahead of Christmas, with European markets set to be closed, or close early, for Christmas Eve and remain closed on Christmas Day.
Overnight, Asia-Pacific markets started the week on a positive note, with investors digesting a press conference related to the merger of Japanese automakers Honda and Nissan.
The automakers confirmed Monday that they have begun merger talks. Shares of France's Renault, which owns a minority stake in Nissan, were down about 0.7% as of 9:08 a.m. London time.
In Europe, revised figures showed the U.K. economy stagnated in the third quarter of this year, with GDP growing 0% in the three months to September.
Source: CNBC
Tested EN...
Asian stock markets weakened for the second consecutive day, indicating that the initial rally that had been "speedy" at the start of the year is starting to lose steam. At the same time, US governmen...
US stocks were mixed on Wednesday as investors weighed uneven economic data against expectations for eventual Federal Reserve easing, with the S&P 500 easing 0.2% and the Dow Jones sliding 0.8% fr...
European stocks were in mixed territory on Wednesday morning, as regional market jitters grow over U.S. President Donald Trump's threat to annex Greenland. The pan-European Stoxx 600 was little chang...
Asian stock markets weakened slightly on Wednesday after posting their best start to the year in history. The decline was driven by a decline in Japanese stocks amid escalating tensions with China. Th...
Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more...
Gold prices weakened slightly on Thursday (February 12th), as more solid US employment data reduced market confidence in an imminent Federal Reserve interest rate cut. The strong employment data prompted market participants to shift expectations of...
The Hang Seng Index reversed its downward trend in Hong Kong on Thursday (February 12th), weakening by around 0.9% to around 27,000 after a strong session earlier. This decline halted the momentum of the short term rally, as investors began to...