Alistair's Feed
Feb 7, 2014

U.S. jobs optimism helps European shares extend rally

LONDON, Feb 7 (Reuters) – European shares rose for a second
straight day on Friday, supported by hopes that jobs data later
in the session would reveal a brightening picture for the U.S.
economy.

Investors were hopeful that U.S. employment figures would
show signs of improving economic growth, after Thursday’s
encouraging initial jobless claims data fuelled strong gains on
Wall Street.

Feb 7, 2014

Arcelor lifts European shares ahead of U.S. jobs data

LONDON, Feb 7 (Reuters) – Heavyweight steelmaker
ArcelorMittal helped European shares edge to a second
day of gains on Friday, supported by hopes that jobs data later
in the day will reveal a brightening picture for the U.S.
economy.

World no.1 ArcelorMittal – regarded as a gauge for the
health of global manufacturing – was the pan European
FTSEurofirst 300′s top gainer with a rise of 4 percent
after forecasting higher profits in the year ahead.

Feb 6, 2014

Earnings help European shares rebound as ECB holds steady

LONDON, Feb 6 (Reuters) – European equities bounced back on
Thursday after a two-week drop, with reassuring earnings reports
boosting shares despite the European Central Bank dashing hopes
of some immediate extra monetary easing.

Heading into the close the pan-European FTSEurofirst 300
was up at intraday highs, rallying with Wall Street
despite a temporary setback after the ECB left interest rates on
hold.

Feb 6, 2014
Feb 5, 2014

FTSE edges up after five sessions of falls

LONDON (Reuters) – The top share index edged up on Wednesday after five straight sessions of falls, halting a recent pullback due to concerns over the health of the global economy after the index managed to hold above a key support level.

Although the FTSE 100 fell early on, it bounced back up after testing support at 6,422, managing to hold above four-month lows.

Feb 5, 2014

Britain’s FTSE edges up after five sessions of falls

LONDON, Feb 5 (Reuters) – Britain’s top share index edged up
on Wednesday after five straight sessions of falls, halting a
recent pullback due to concerns over the health of the global
economy after the index managed to hold above a key support
level.

Although the FTSE 100 fell early on, it bounced back
up after testing support at 6,422, managing to hold above
four-month lows.

Feb 4, 2014

European shares fall again as earnings disappoint

LONDON, Feb 4 (Reuters) – European shares followed Asian and
U.S. markets lower on Tuesday on concerns about the global
economic outlook and on disappointing earnings reports from the
likes of oil major BP and chip designer ARM.

Stocks pared some losses, however, after
better-than-expected UK construction data, which reinforced
optimism about the UK economy and also sent the euro lower
against the pound.

Feb 4, 2014
Feb 4, 2014

European shares extend recent losses, suffering from earnings

LONDON, Feb 4 (Reuters) – Disappointing earnings reports
helped to extend a recent fall in European shares on Tuesday, as
the equity market suffered growing unease over the state of both
the U.S. and emerging market economies.

Top faller in Europe was chip designer ARM, down 4.5
percent after royalty revenue came in below forecasts.

Feb 3, 2014

FTSE extends slide, set for fresh six week closing low

LONDON, Feb 3 (Reuters) – Britain’s top shares extended a
recent slide on Monday, slipping firmly into negative territory
after disappointing U.S. data, with Lloyds leading banks lower
after its latest update.

The FTSE 100 was down 17.80 points at 6,492.64 by
1547 GMT, a fall of 0.3 percent, slipping to new six week lows
after last week’s 2.3 percent decline.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
    • More from Alistair

    • Follow Alistair