LONDON — European markets pulled back on Friday as global stocks close out a week of extreme volatility following the US Federal Reserve’s monetary policy meeting. The pan-European Stoxx 600 slipped 0.9% in early trade, with autos shedding 1.9% to lead losses while retail stocks were the only sector in positive territory, adding 1.1%. Earnings … Read more
LONDON – European indices were mixed Thursday morning as holiday-depleted trading continued in the region. The pan-European Euro Stoxx 600 was flat in the early trades, with large stock markets pointing in different directions. Tech was the only real winner with an increase of almost 0.5%. Global investors are looking for a Santa rally to … Read more
Chinese stocks currently look “very, very attractive,” but are unlikely to see a rapid turnaround in the next few months, according to UBS Global Wealth Management’s Kelvin Tay. “I think China is cheap. If you look at China’s performance this year, on a relative basis, it has actually underperformed by about 40% compared to both … Read more