Market Pulse - Europe
Europe close: Stocks end off best levels, eyes on Wall Street and Germany
German issues paced gains on the Continent, thanks to a pause in the single currency's recent rapid move higher and as Wall Street's main market gauges eased back from their opening gains.
RBC downgrades Premier Oil to 'sector perform'
Analysts at RBC downgraded their recommendation on shares of Premier Oil from 'outperform' to 'sector perform' after the shares had reached their 100p target price, which was unchanged.
London falls behind as UK house prices rise 5.1%
The official seasonally adjusted house price index rose by 0. 3% month-to-month in November, according to the November edition of the UK House Price Index published by the Office of National Statistics on Tuesday.
Debt problems affect a quarter of the UK's poorest households
A third of the lowest-income households in the UK have debts that surpass the assets they hold, according to a report from the Institute for Fiscal Studies.
Lula da Silva is not a threat to Brazil's financial stability, party chief says
The leader of Brazil's Workers’ Party argued in an interview that former president Luiz Inacio Lula da Silva is anything but radical and does not pose a threat to Brazilian financial stability.
Europe midday: German stocks pace gains, SPD vote on coalition talks in focus
German issues are pacing gains on the Continent, thanks to a pause in the single currency's recent rapid move higher following news of a potential setback for German lawmakers to craft a coalition government.
Europe open: Stocks edge higher after Japanese FX intervention
Stocks are edging higher thanks to a pause in the single currency's recent rapid move higher after Japan's finance minister cautioned overnight against "big swings" in foreign exchange markets.
German CPI dips in December, but prices expected to pick-up
The cost of living in Germany dipped last month, but economists expected rising crude oil price quotes on international markets and a tight labour market would boost the level of prices as the year progressed.
Spain likely to replace the US as the second most visited country in the world
Spain is expected to replace the US as the world’s second most popular tourist destination after France, according to data from the Madrid-based UN World Tourism Organization.
SPD Berlin chapter votes against grand coalition, polls more optimistic
German lawmakers' attempts to forge a grand coalition were a dealt a blow overnight after the Berlin chapter of the country's Socialist party, the SPD, voted against entering another power-sharing with German Chancellor Angela Merkel's centre-right CDU/CSU.