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Mar 13, 2014

Euro at 2 1/2 year high as China, Ukraine jitters boost safe havens

LONDON, March 13 (Reuters) – The euro hit a new 2-1/2 year
high against the dollar on Thursday as concerns over Chinese
growth and political tensions in Ukraine took the fizz out of an
attempted rebound in riskier assets.

The euro reached $1.3967 and looked set to test
psychological resistance at a $1.40, in a possible sign that the
currency is regaining safe-haven status following the currency
bloc’s prolonged sovereign debt crisis.

Mar 13, 2014

World shares capped by China data, Ukraine worries linger

LONDON (Reuters) – Concerns over Chinese growth and political tensions in Ukraine took the fizz out of an attempted rally in riskier assets on Thursday, as world shares steadied after their biggest falls for nearly two weeks.

Stock markets in Europe edged higher, with the pan-European FTSEurofirst 300 up 0.2 percent to recoup some of its 1.1 percent drop in the previous session.

Mar 13, 2014

Shares capped by China data, Ukraine worries linger

LONDON (Reuters) – Concerns over Chinese growth and political tensions in Ukraine took the fizz out of an attempted rally in riskier assets on Thursday, as world shares steadied after their biggest falls for nearly two weeks.

Stock markets in Europe edged higher, with the pan-European FTSEurofirst 300 .FTEU3 up 0.2 percent to recoup some of its 1.1 percent drop in the previous session.

Mar 12, 2014

European shares pegged back as China, Ukraine concerns mount

LONDON, March 12 (Reuters) – European shares fell on
Wednesday, with cyclical stocks retreating on concerns over
Chinese growth, persistent tensions in Ukraine and
below-forecast earnings reports.

Miners, carmakers and luxury stocks, which are sensitive to
global growth trends, came under the most pressure as the
pan-European FTSEurofirst 300 fell 1.3 percent to
1,304.34 points.

Mar 12, 2014

Earnings angst knocks European shares, China fears hit miners

LONDON, March 12 (Reuters) – European shares fell on
Wednesday, weighed down by below-forecast earnings reports and
fears of more corporate defaults in China as a persistent
decline in the copper price hit the mining sector.

The STOXX Europe 600 personal and household goods sector
fell 1.5 percent, to be the top sectoral decliner, led
lower by a 4.2 percent drop in Tod’s after the Italian
luxury shoemaker posted a drop in 2013 profit and said it was
cautious about prospects for 2014.

Mar 7, 2014

European shares fall on Ukraine jitters; investors seek weekend protection

LONDON, March 7 (Reuters) – European shares fell on Friday,
amid growing tension over Crimea, as investors tried to shield
themselves from any confrontation between Russia and Ukraine on
the weekend.

Above-forecast jobs data from the United States briefly
helped shares pare losses. But they turned sharply lower again
on reports that a U.S. warship was entering the Black Sea.

Mar 7, 2014

European shares pare losses after above-consensus U.S. data

LONDON, March 7 (Reuters) – European shares pared earlier
losses on Friday, after closely watched U.S. jobs data came in
above expectations, reassuring investors about the state of the
world’s largest economy.

Non-farm payroll data showed U.S. jobs growth was more than
expected in February, which could ease fears of an abrupt
slowdown in economic growth and support the Federal Reserve in
its decision to reduce its monetary stimulus.

Mar 6, 2014

UK’s FTSE edges higher but pares gains after ECB disappointment

LONDON, March 6 (Reuters) – Britain’s top share index edged
higher on Thursday, buoyed by updates from as Aviva and
Aggreko, although lack of action by the European
Central Bank and uncertainty over Ukraine capped gains.

British equities tracked euro zone stocks lower, after ECB
President Mario Draghi offered no new measures to boost lending
in the region. Speculation that he would had boosted European
stocks in early trade.

Mar 6, 2014

UK’s FTSE pares gains after ECB disappointment

LONDON, March 6 (Reuters) – Britain’s top share index edged
higher on Thursday, buoyed by updates from as Aviva and
Aggreko, although a lack of new policy from the
European Central Bank and uncertainty over Ukraine capped gains.

British equities tracked euro zone stocks lower, after ECB
President Mario Draghi offered no new measures to boost lending
in the region. Speculation that he would had boosted European
stocks in early trade. British shares recovered
faster, since they are less affected by ECB policy.

Mar 6, 2014

FTSE edges up on company updates, keeps an eye on Ukraine

LONDON, March 6 (Reuters) – Britain’s top share index edged
higher on Thursday, buoyed by updates from as Aviva and
Aggreko, although uncertainty over Ukraine capped
market gains.

Volumes were also light, with investors wary of making large
bets ahead of major central bank policy meetings.

    • About Alistair

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