Market Report - Europe Close
European stock markets have kicked off December with a bang, rising over 1% on the back of improving economic data and rising hopes that a European Central Bank (ECB) rate cut could be on the cards.
European stock markets rose to a two-and-a-half-month high on Thursday after big slowdown in inflation in both the US and eurozone raised hopes that central banks might move to cut interest rates sooner than predicted.
European stock markets finished mostly higher on Wednesday, with the exception of London's FTSE 100 index, as a bigger-than-expected drop in German inflation and predictions about a future interest-rate cut in the US lifted sentiment.
European stocks ended on a mixed note, having hit two-month highs during the previous week as nerves kicked in ahead of some key inflation figures from the eurozone and US later in the week.
European stocks retreated from a two-month high on Monday, with investors choosing to take profits ahead of key inflation data later in the week.
European stocks rose a tad on Friday, as investors mulled the latest detailed German economic growth figures.
A host of better-than-expected economic data lifted stocks higher on Thursday, though gains were limited due to a lack of catalysts coming from Wall Street.
European stocks rose on Wednesday as a fairly muted reaction to the UK government's Autumn Budget was offset by Thanksgiving-fuelled positive start on Wall Street.
European stocks finished in the red as a lack of corporate earnings and economic data caused markets to focus on hawkish comments from central bankers.
European stock markets finished with minor gains on Monday after struggling for direction for most of the session, with very little economic data or newsflow to sway market sentiment either way.
European stock indices put in decent gains on Wednesday, finishing at a two-month high as investors shrugged off weaker-than-expected domestic data to focus on cooling inflation in the US and UK.
European stocks jumped after U. S. consumer price figures for October printed a tad below economists' forecasts, prompting speculation of interest rate cuts by the Federal Reserve, America's central bank.
European stocks moved higher on Monday ahead of a busy week for economic data, including growth indicators from China and all-important inflation stats from the US.
European stocks finished Friday's session firmly lower as risk appetite was dampened ahead of the weekend.
European stocks slipped into the red, amid profit-taking following five straight days of gains.
European stocks capped a bumper week with a fifth straight session of gains as optimism continued to rise that central banks may be done with monetary tightening.
European stocks advanced strongly for the fourth straight day on Thursday, on optimism that the Federal Reserve may finally be done with its rate hikes.
Europe's stock markets built on gains in afternoon trade as weaker-than-expected US economic data raised hopes that the Federal Reserve might soon call time on its monetary-tightening cycle.
European stocks managed to hold on to gains on Tuesday despite a flat start on Wall Street and losses in London, with investors reacting positively to economic growth and inflation figures from the Eurozone.
Stock markets across Europe put in a decent performance on Monday as investors shrugged off geopolitical uncertainty in Israel and weak economic data to hunt for bargains in the wake of a recent sell-off.