Macron admits he made a mistake by calling snap elections

Macron admits he made a mistake by calling snap elections

French President Emmanuel Macron delivering his televised New Year’s address to the nation from the Elysee Palace in Paris on Dec. 31, 2024. Kiran Ridley | Afp | Getty Images As France enters the new year, there’s little hope that the political and economic uncertainty that’s been plaguing the euro zone’s second-largest economy for months … Read more

Stocks, economic data, business news

Stocks, economic data, business news

European markets traded in negative territory on Monday, in what will be the region’s final full trading session of the year. The pan-European Stoxx 600 index was around 0.2% lower at 11:32 a.m. London time, with most sectors in negative territory. Healthcare, media and technology stocks led the losses, while utilities, autos and banking stocks … Read more

Stocks, economic data, business news

Stocks, economic data, business news

European stocks were higher on Friday, as regional markets reopened following a closure for the Christmas holiday. The pan-European Stoxx 600 index was 0.2% higher at 8:40 a.m. London time, with most sectors and major bourses in positive territory. Shares of Danish pharmaceutical giant Novo Nordisk gained 3.5% during morning deals, sending the company to … Read more

European markets: stocks, news and data

European markets: stocks, news and data

Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets headed for a higher open on Friday as investors weighed the outlook for the economy and looked to fresh data. The U.K.’s FTSE 100 was last on track to add around 4 points to 8,287, Germany’s DAX was set to rise by 47 points … Read more

France’s political tensions return to the fore as ‘Olympic truce’ ends

France’s political tensions return to the fore as ‘Olympic truce’ ends

French President Emmanuel Macron attends the men’s basketball Gold Medal game between Team France and Team United States on day fifteen of the Olympic Games Paris 2024 at Bercy Arena on August 10, 2024 in Paris, France. Karwai Tang | Getty Images Entertainment | Getty Images Time is running out on the so-called “Olympic political … Read more

French stocks jump 2.5% as far right takes election lead but seen falling short of majority

French stocks jump 2.5% as far right takes election lead but seen falling short of majority

From the left: French far-right Rassemblement National party President Jordan Bardella, France’s Prime Minister Gabriel Attal and French MP of left wing party La France Insoumise Manuel Bompard, prior to a political debate broadcasted on French TV channel TF1 on June 25, 2024. Dimitar Dilkoff | Afp | Getty Images French stocks staged a relief … Read more

France’s election has the ability to rock wider European stocks: Citi

France’s election has the ability to rock wider European stocks: Citi

France’s parliamentary election has already rattled investors as the country’s risk premium rises — but two possible scenarios have still not been priced in by markets and could impact stocks in the wider European region, according to Citi. “Our model suggests that the market is pricing in something between a benign outcome and a gridlock … Read more

Le Pen’s far-right National Rally election gains

Le Pen’s far-right National Rally election gains

Jordan Bardella, President of the National Rally (Rassemblement National), a French nationalist and right-wing populist party, speaks to over 5,000 supporters at his final rally ahead of the upcoming European Parliament election on June 9th, at Le Dôme de Paris – Palais des Sports, on June 2, 2024., France, on June 2, 2024, in Paris, … Read more

France’s upcoming election is rattling nerves and raising debt crisis talk

France’s upcoming election is rattling nerves and raising debt crisis talk

Poster of Christophe Versini for the Rassemblement National (National Rally) party, with Marine Le Pen and Jordan Bardella on it, on June 24, 2024.  Magali Cohen | Afp | Getty Images The sell-off in French stocks and government bonds after President Emmanuel Macron called a shock parliamentary election may have eased — but investors remain … Read more

Stoxx 600, central bank decisions, UK retail sales

Stoxx 600, central bank decisions, UK retail sales

Shoppers and local residents on Church Street on June 02, 2024 in Godalming, United Kingdom.  Jack Taylor | Getty Images News | Getty Images LONDON — European stocks are heading for a cautiously higher open Friday as investors monitor a slew of central bank decisions and data releases. The pan-European Stoxx 600 index is on … Read more