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Jul 13, 2012

China data helps European shares bounce, earnings eyed

LONDON, July 13 (Reuters) – European shares took back the
previous day’s losses on Friday as China growth data proved
better than had been feared although the overall mood among
investors remained cautious as the second quarter earnings
season crept into focus.

Worries the China figures, released overnight, would be
worse than forecasts have been central to a shaky tone to stock
markets this week and miners benefit more than most from any
more hopeful signs from the world’s biggest metals consumer.

Jul 13, 2012

European shares bounce after China growth numbers

LONDON, July 13 (Reuters) – Mining companies led a bounce in
European equities on Friday, having fallen in the previous
session, as growth data from China proved no worse than feared
but weak enough to keep alive hopes for more official stimulus
for the economy.

Worries the China figures, released overnight, would be
worse than forecasts have been central to falls in stock markets
this week and miners benefit more than most from any more
hopeful signs from the world’s biggest metals consumer.

Jul 11, 2012

FTSE falls as growth woes cap momentum

LONDON (Reuters) – The FTSE 100 fell early on Wednesday, paring the previous session’s gains as investors worried about waning global economic growth and company earnings.

By 08:50 a.m. British time, London’s blue chip index .FTSE was down 24.91 points, or 0.4 percent, at 5,639.16 points in light volumes, having added 0.7 percent on Tuesday as investors bought on the dips after two consecutive trading days of losses.

Jul 11, 2012

Britain’s FTSE falls as growth woes cap momentum

LONDON, July 11 (Reuters) – Britain’s top share index fell
early on Wednesday, paring the previous session’s gains as
investors worried about waning global economic growth and
company earnings.

By 0750 GMT, London’s blue chip index was down 24.91
points, or 0.4 percent, at 5,639.16 points in light volumes,
having added 0.7 percent on Tuesday as investors bought on the
dips after two consecutive trading days of losses.

Jul 10, 2012

Banks aid European shares rally on ESM talk

LONDON, July 10 (Reuters) – Riskier banking assets rose as
European shares were squeezed higher on Tuesday on speculation
that Germany’s constitutional court would give its blessing to
Europe’s new bailout fund, which could pave the way for the fund
to be used more flexibly.

In extremely choppy and light trade the FTSEurofirst
was up 12.14 points, or 1.2 percent at 1,042.23, by
1043 GMT although volumes were just 27 percent of their 90-day
average, reflecting the broader uncertainty preventing investors
from pumping fresh cash into such a tumultuous market.

Jul 10, 2012

European shares edge lower as growth worries persist

LONDON, July 10 (Reuters) – European shares edged lower on
Tuesday as worries over global growth and company earnings
outweighed a boost from euro zone ministers approval of a
bailout for beleaguered Spanish banks.

The FTSEurofirst fell 0.83 points, or 0.1 percent,
to 1,029.26, adding to an almost 1.5 percent fall over the last
four trading days due to weak data from China and the United
States and concerns over the upcoming earnings season.

Jul 9, 2012

UK’s FTSE wanes on growth pain ahead of earnings

LONDON July 9 (Reuters) – Commodity stocks led Britain’s top
share index lower on Monday as equities’ bright start to the
third-quarter continued to fade against a backdrop of waning
global growth and as investors geared themselves up for the
earnings season.

London’s blue chip index closed down 35.30 points,
or 0.6 percent at 5,627.33 , and is now 1.8 percent lower than
the second-half intraday high hit on Thursday as the early
third-quarter rally showed signs of flagging.

Jul 9, 2012

FTSE slips as investors gear up for earnings

LONDON (Reuters) – The top share index faltered around midday on Monday as equities handed back more early second-half gains, subdued by slowing global growth and nervous about the latest quarterly earnings season.

BY 1105 GMT, London’s blue chip index .FTSE was down 20.40 points, or 0.4 percent at 5,642.23, now 1.6 percent lower than the second-half intraday high hit on Thursday as the early third-quarter rally shows signs of flagging.

Jul 4, 2012

FTSE pauses after 3-day rally

LONDON (Reuters) – The FTSE 100 edged lower on Wednesday, having hit two-month highs in the previous session, with U.S. markets closed for a holiday and investors pausing ahead of the Bank of England rates decision due on Thursday.

By 0851 British Time, London’s blue chip index was down 11.67 points, or 0.2 percent, at 5,676.06, after hitting its highest close since early May on Tuesday and having risen 8.6 percent in three trading days as investors readied themselves for more economic stimulus after surprise action last week at an European Union summit to tackle the euro zone debt crisis.

Jul 4, 2012

Britain’s FTSE pauses after 3-day rally

LONDON, July 4 (Reuters) – Britain’s top share index edged
lower on Wednesday, having hit two-month highs in the previous
session, with U.S. markets closed for a holiday and investors
pausing ahead of the Bank of England rates decision due on
Thursday.

By 0751 GMT, London’s blue chip index was down 11.67 points,
or 0.2 percent, at 5,676.06, after hitting its highest close
since early May on Tuesday and having risen 8.6 percent in three
trading days as investors readied themselves for more economic
stimulus after surprise action last week at an European Union
summit to tackle the euro zone debt crisis.