Reuters: Euro Market Report http://mobile.reuters.com/category/eurMktRpt Reuters Mobile is your source for breaking news, business, financial and investing news, including market data giving you access to the information you need - any time, anywhere. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. Copyright 2008 Reuters en-us Mon, 28 Jul 2014 04:17:52 -0400 5 /resources/images/mobile/small/logo.png 120 35 Reuters: Euro Market Report http://mobile.reuters.com/category/eurMktRpt European shares rise early; Ryanair jumps http://mobile.reuters.com/article/eurMktRpt/idUSP6N0ON01D20140728?feedType=RSS&feedName=eurMktRpt PARIS, July 28 (Reuters) - European stocks rose in early trade on Monday, regaining their poise after a drop in the previous session, with Ryanair surging 5 percent after the airline boosted its annual profit outlook. Mon, 28 Jul 2014 03:05:28 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSP6N0ON01D20140728?feedType=RSS&feedName=eurMktRpt Europe Factors to Watch-Shares set to bounce; Ryanair eyed http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q31BL20140728?feedType=RSS&feedName=eurMktRpt PARIS, July 28 (Reuters) - European stocks were set to rise on Monday, bouncing from the previous session's drop, with Ryanair in focus after the airline boosted its annual profit outlook. Europe's biggest budget airline lifted its annual profit outlook on Monday after posting a sharp rise in quarterly net income, coming in the wake of profit warnings by rivals Air France-KLM and Lufthansa. At 0636 GMT, futures for Euro STOXX 50, for UK's FTSE 100, for Germany's DAX and for France's CAC were up 0.4-0.5 percent. Lifting investors' mood on Monday, data showed a sharp rise in profits earned by Chinese industrial firms, up 17.9 percent in June from a year earlier, fuelling expectations that the China's economy is powering through its recent soft patch as the government uses targeted stimulus measures to support growth. The data boosted Asian stocks, with the MSCI's broadest index of Asia-Pacific shares outside Japan up 0.2 percent after touching a three-year high earlier. Spanish banks will be in focus after bailed-out lender Bankia said its first half net profit more than doubled from a year ago to 432 million euros ($580 million), beating forecasts as bad debts fell slightly and lending revenue rose. Europe bourses in 2014: (http://link.reuters.com/pad95v) Asset performance in 2014: (http://link.reuters.com/rav46v) ------------------------------------------------------------------------------ MARKET SNAPSHOT AT 0641 GMT: LAST PCT CHG NET CHG S&P 500 1,978.34 -0.48 % -9.64 NIKKEI 15529.4 0.46 % 71.53 MSCI ASIA EX-JP 508.98 0.17 % 0.87 EUR/USD 1.3431 0.01 % 0.0002 USD/JPY 101.84 0.02 % 0.0200 10-YR US TSY YLD 2.485 -- 0.02 10-YR BUND YLD 1.157 -- 0.01 SPOT GOLD $1,304.80 -0.23 % -$2.99 US CRUDE $101.98 -0.11 % -0.11 > GLOBAL MARKETS-CHINA SHARES LEAD ASIA HIGHER, DOLLAR BUOYED > US STOCKS-WALL ST CLOSES LOWER ON AMAZON, VISA > NIKKEI HITS 6-MTH HIGH ON EARNINGS HOPES; CASINO PLAYS OUTPERFORM > FOREX-MARKET TAKES A SHINE TO THE DOLLAR, SHUNS EURO > PRECIOUS-GOLD SLIPS ON STRONGER DOLLAR, BUT HOLDS ABOVE $1,300 > METALS-LONDON COPPER PAUSES AS FREEPORT EYES EXPORTS > BRENT SLIPS BELOW $108 AS MIDEAST TENSION COOLS ON GAZA LULL COMPANY NEWS: BANKIA Spanish bailed-out lender on Monday said its first half net profit more than doubled from a year ago to 432 million euros ($580 million), beating forecasts as bad debts fell slightly and lending revenue rose. DEUTSCHE BANK, HSBC Silver bullion banks Deutsche Bank, Bank of Nova Scotia and HSBC have been accused of manipulating prices in the multi-billion dollar market in a lawsuit filed on Friday. GLAXOSMITHKLINE GSK's chief executive has opened the possibility of the pharma group's being broken up in the future as he pushes through a sweeping overhaul of Britain's largest drugmaker, the Financial Times reported on Monday. ASTRAZENECA The pharma group has signed up Roche and Qiagen to develop two separate diagnostic tests, both using simple blood samples, to identify patients who will benefit from its lung cancer drugs. RECKITT BENCKISER GROUP The consumer goods company has decided to spin off its Suboxone pharmaceuticals business in the next 12 months, it said on Monday, ending months of speculation over the shrinking division's future. TNT EXPRESS The group reported a 5.9 percent drop in quarterly revenues. ENI, SAIPEM The new management of the Italian oil and gas group plans to press on with the sale of a controlling stake in oil services subsidiary Saipem so it can focus on the more lucrative business of finding oil and gas, sources said. UNICREDIT Italy's UniCredit is close to selling a new portion of its private equity holdings after a similar deal in 2013, a source close to the matter said on Sunday, as European banks shed non-core assets to strengthen their capital base. DANONE The French dairy group is in talks to sell its medical nutrition business to U.S. group Hospira HSP.N in a deal valuing the unit at about $5 billion, the Financial Times reported on Sunday, citing people familiar with the situation. CLUB MED The holiday group's board on Friday advised that a 790 million euro ($1.1 billion) takeover offer from top shareholder and Italian financier Andrea Bonomi was in shareholders' interest, but flagged risks for the company. BASF Essar is in talks with BASF for a $2 billion petrochemicals joint venture, India's Economic Times reported, citing people directly involved in the discussions. COMMERZBANK Germany's second-biggest bank is widening the scope of its savings programme to outsource parts of its finance department, which includes accounting, German daily newspaper Handelsblatt reported. NOVARTIS Swiss pharmaceutical group Novartis said the European Commission had approved its eyecare unit Alcon's Simbrinza treatment for glaucoma, a chronic, sight-threatening eye disease. TELIASONERA Sources said late on Friday Turkey's Cukurova was expected to pay this week for a controlling stake in Turkish mobile operator Turkcell, of which the Swedish telecoms firm owns 38 percent. (Reporting by Blaise Robinson; Editing by Francesco Canepa) Mon, 28 Jul 2014 02:41:28 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q31BL20140728?feedType=RSS&feedName=eurMktRpt European Factors to Watch on July 28 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q30ZF20140728?feedType=RSS&feedName=eurMktRpt PARIS, July 28 (Reuters) - Financial spreadbetters expected Britain's FTSE 100 to open 12 points higher, or up 0.2 percent, Germany's DAX to open 1 point higher, or up 0.01 percent, and France's CAC 40 to open 4 points higher, or up 0.1 percent. MAJOR EUROPEAN COMPANIES REPORTING : DIA Q2 GEA GROUP AG Q2 RECKITT BENCKISER GROUP PLC H1 TNT EXPRESS NV Q2 GALP ENERGIA SGPS SA Q2 HISCOX LTD H1 BANCO COMERCIAL PORTUGUES SA Q2 RYANAIR HOLDINGS PLC Q1 BANKIA SA Q2 WINCOR NIXDORF AG Q3 FERROVIAL SA H1 JAZZTEL PLC Q2 TELEPERFORMANCE SA H1 MAJOR U.S. COMPANIES REPORTING : Q2 2014 Cummins Inc. Q2 2014 Eastman Chemical Company Q2 2014 General Growth Properties Inc Q3 2014 Jacobs Q2 2014 Masco Q2 2014 Plum Creek Timber Q2 2014 Roper Industries, Inc. Q2 2014 Range Resources Q3 2014 Tyson Foods MAJOR MACROECONOMIC DATA/EVENTS (GMT) : 0800 IT Business Confidence Jul 1345 US Markit Comp Flash Jul 1345 US Markit Svcs Flash Jul 1400 US Pending Homes Jun ------------------------------------------------------------------------------ MARKET SNAPSHOT AT 0547 GMT: LAST PCT CHG NET CHG S&P 500 1,978.34 -0.48 % -9.64 NIKKEI 15512.02 0.35 % 54.15 MSCI ASIA EX-JP 509.26 0.23 % 1.15 EUR/USD 1.3427 -0.01 % -0.0002 USD/JPY 101.78 -0.04 % -0.0400 10-YR US TSY YLD 2.476 -- 0.01 10-YR BUND YLD 1.148 -- 0.00 SPOT GOLD $1,303.74 -0.31 % -$4.05 US CRUDE $101.73 -0.35 % -0.36 > GLOBAL MARKETS-CHINA SHARES LEAD ASIA HIGHER, DOLLAR BUOYED > US STOCKS-WALL ST CLOSES LOWER ON AMAZON, VISA > NIKKEI HITS 6-MTH HIGH ON EARNINGS HOPES; CASINO PLAYS OUTPERFORM > FOREX-MARKET TAKES A SHINE TO THE DOLLAR, SHUNS EURO > PRECIOUS-GOLD SLIPS ON STRONGER DOLLAR, BUT HOLDS ABOVE $1,300 > METALS-LONDON COPPER PAUSES AS FREEPORT EYES EXPORTS > BRENT SLIPS BELOW $108 AS MIDEAST TENSION COOLS ON GAZA LULL (Reporting by Blaise Robinson) Mon, 28 Jul 2014 01:50:25 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q30ZF20140728?feedType=RSS&feedName=eurMktRpt European shares hit by weak German data and LVMH http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q04CN20140725?feedType=RSS&feedName=eurMktRpt LONDON, July 25 (Reuters) - Weak German economic data and a slump in the shares of luxury goods group LVMH hit European stock markets on Friday. Fri, 25 Jul 2014 12:28:26 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q04CN20140725?feedType=RSS&feedName=eurMktRpt Falls of DAX, LVMH hit European shares http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q04PP20140725?feedType=RSS&feedName=eurMktRpt LONDON, July 25 (Reuters) - European shares fell on Friday, with the German market hit after business sentiment in the country fell to its lowest level in nine months, while luxury goods group LVMH slumped after weaker-than-expected results. Fri, 25 Jul 2014 11:36:25 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q04PP20140725?feedType=RSS&feedName=eurMktRpt Weak German data and LVMH results weigh on European shares http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q02N920140725?feedType=RSS&feedName=eurMktRpt LONDON, July 25 (Reuters) - Weak German economic data and a slump in the shares of luxury goods group LVMH weighed on European stock markets on Friday. Fri, 25 Jul 2014 10:15:02 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q02N920140725?feedType=RSS&feedName=eurMktRpt Weak German data and fall at LVMH weigh on European shares http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q01Y320140725?feedType=RSS&feedName=eurMktRpt LONDON, July 25 (Reuters) - Weak German economic data and a slump in the shares of luxury goods group LVMH weighed on European stock markets on Friday. Fri, 25 Jul 2014 05:25:38 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q01Y320140725?feedType=RSS&feedName=eurMktRpt Luxury stocks lead European shares lower after LVMH misses forecast http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q01YC20140725?feedType=RSS&feedName=eurMktRpt * RBS gains 13.5 percent after unexpected surge to profit Fri, 25 Jul 2014 03:52:43 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q01YC20140725?feedType=RSS&feedName=eurMktRpt European Factors to Watch-Falling earnings seen weighing on shares http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q013Q20140725?feedType=RSS&feedName=eurMktRpt EDINBURGH, July 25 (Reuters) - European stocks were seen edging lower on Fri, 25 Jul 2014 02:38:32 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q013Q20140725?feedType=RSS&feedName=eurMktRpt European Factors to Watch on July 25 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q00Z520140725?feedType=RSS&feedName=eurMktRpt EDINBURGH, July 25 (Reuters) - Financial spreadbetters expected Britain's FTSE 100 to open 20 to 21 points lower, or down 0.3 percent, Germany's DAX to open 19 to 20 points lower, or down 0.2 percent, and France's CAC 40 to open down 11 to 12 points, or 0.3 percent lower. MAJOR EUROPEAN COMPANIES REPORTING : ANGLO AMERICAN PLC INTERIM AFRICAN BARRICK GOLD PLC H1 ACCELL GROUP NV H1 AIR FRANCE KLM SA Q2 ALANDSBANKEN ABP Q2 BRICORAMA SA Q2 SALES NEXEYA SA Q4 SALES PISCINES DESJOYAUX SA Q3 SALES ALLIANCE TRUST PLC INTERIM DASSAULT AVIATION SA Q2 A.G.BARR PLC TRADING BANCO ESPIRITO SANTO SA H1 BIOME TECHNOLOGIES PLC TRADING KONINKLIJKE WESSANEN NV Q2 BRITISH SKY BROADCASTING GROUP PLC Q4 CAIXABANK SA H1 CROWN VAN GELDER NV INTERIM DANONE SA H1 ECA SA Q2 SALES GRENKELEASING AG Q2 GROUPE GORGE SA H1 GRAUBUENDNER KANTONALBANK H1 LAFARGE SA H1 LONMIN PLC Q3 TRADE NATUREX SA Q2 SALES NEXANS SA H1 NYHERJI HF Q2 OLYMPIQUE LYONNAIS GROUPE SA Q4 SALES PEARSON PLC H1 REJLERS PUBL AB Q2 SANOMA OYJ Q2 SAMSE SA Q2 SALES SES SA H1 SOPRA GROUP SA H1 STATOIL ASA Q2 SHW AG Q2 SPECTRIS PLC H1 TECHNICOLOR SA H1 GROUPE STERIA SCA H1 TELEVISION FRANCAISE 1 SA H1 TIKKURILA OYJ Q2 TRADEDOUBLER AB Q2 UPONOR OYJ Q2 UNITED UTILITIES GROUP PLC TRADING VIANINI INDUSTRIA SPA Q2 VODAFONE GROUP PLC TRADING WERELDHAVE NV H1 MAJOR MACROECONOMIC DATA/EVENTS (GMT) : 0600 DE GfK Consumer Sentiment 0800 DE Ifo Business Climate, Current Conditions, Expectations 0800 IT Wage Inflation 0830 GB GDP Prelim 1230 US Durable Goods ------------------------------------------------------------------------------ MARKET SNAPSHOT AT 0510 GMT: LAST PCT CHG NET CHG S&P 500 1,987.98 0.05 % 0.97 NIKKEI 15383.72 0.65 % 99.3 MSCI ASIA EX-JP 506.61 -0.4 % -2.02 EUR/USD 1.3466 0.02 % 0.0003 USD/JPY 101.75 -0.06 % -0.0600 10-YR US TSY YLD 2.498 -- -0.01 10-YR BUND YLD 1.177 -- 0.00 SPOT GOLD $1,291.20 -0.14 % -$1.80 US CRUDE $101.96 -0.11 % -0.11 > GLOBAL MARKETS-Asian shares inch down from 3-year highs > US STOCKS-Wall St ends flat on mixed earnings; S&P 500 at record > Nikkei rises after S&P hits fresh high; Fanuc surges on strong earnings > TREASURIES-Prices falter on unexpectedly low U.S. jobless claims > FOREX-Dollar, euro propped up by better economic data > PRECIOUS-Gold set for second weekly loss on strong economic data > METALS-Copper eyes fifth weekly rise in six, but headwinds loom > Brent holds above $107 as political tensions balance supplies (Reporting by Alistair Smout) Fri, 25 Jul 2014 01:13:34 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0Q00Z520140725?feedType=RSS&feedName=eurMktRpt European shares edge lower; earnings, econ data in focus http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PZ20D20140724?feedType=RSS&feedName=eurMktRpt LONDON, July 24 (Reuters) - European shares opened slightly lower on Thursday, with investor attention dominated by a raft of mixed company earnings and economic data that appeared unlikely to dispel worries about the eurozone's pace of recovery. Thu, 24 Jul 2014 03:23:14 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PZ20D20140724?feedType=RSS&feedName=eurMktRpt European Factors to Watch-Shares seen flat; earnings, data in focus http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PZ1VE20140724?feedType=RSS&feedName=eurMktRpt LONDON, July 24 (Reuters) - A raft of major company earnings and economic Thu, 24 Jul 2014 02:56:15 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PZ1VE20140724?feedType=RSS&feedName=eurMktRpt European Factors to Watch on July 24 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY6FD20140724?feedType=RSS&feedName=eurMktRpt LONDON, July 24 (Reuters) - Financial spreadbetters expected Britain's FTSE 100 to open 11 points lower, or 0.2 percent, Germany's DAX to open 8 points lower, or 0.1 percent, and France's CAC 40 to open 8 points lower, or 0.2 percent. MAJOR EUROPEAN COMPANIES REPORTING : BASF BANKINTER CLOSE BROTHERS GROUP DANSKE BANK EDENRED EASYJET GAS NATURAL HAMMERSON KINGFISHER LUXOTTICA MITCHELLS & BUTLERS LVMH MTU AERO ENGINES NOKIA REED ELSEVIER REPSOL ROCHE SABMILLER BANCO DE SABADELL SEB TATE & LYLE THALES TECHNIP TOMTOM UNILEVER VALEO MAJOR MACROECONOMIC DATA/EVENTS (GMT) : ** MEXICO CITY - IMF presents its latest World Economic Outlook report - 1400 GMT. ** BRUSSELS - European Union governments will discuss a specific list of possible new targets for Russia sanctions. ** EUROZONE MARKIT FLASH PMI ** IT RETAIL SALES, CONSUMER CONFIDENCE ** GB RETAIL SALES ** US JOBLESS CLAIMS, NEW HOME SALES, MARKIT FLASH PMI ------------------------------------------------------------------------------ MARKET SNAPSHOT AT 0505 GMT: LAST PCT CHG NET CHG S&P 500 1,987.01 0.2 % 3.48 NIKKEI 15263.17 -0.43 % -65.39 MSCI ASIA EX-JP .MIAPJ000 507.94 0.08 % 0.40 0PUS EUR/USD 1.3458 -0.04 % -0.0006 USD/JPY 101.46 -0.01 % -0.01 10-YR US TSY YLD <US10YT=RR 2.467 -- 0.003 > 10-YR BUND YLD <EU10YT=RR 1.145 -- -0.004 > SPOT GOLD $1,295.86 0 % -$7.98 US CRUDE $103.13 0.01 % 0.01 > GLOBAL MARKETS-Asia shares supported by upbeat China factory survey > US STOCKS-Apple pushes S&P 500 to record close; Boeing hits Dow > Nikkei edges up as weak yen helps mood; China PMI, Japan earnings in focus > TREASURIES-Prices slip, but uptrend seen intact on global tensions > EUROPE FX OPEN-Antipodeans in focus again, AUD up, NZD plunges > PRECIOUS-Gold falls below $1,300 as equities gain; physical buying picks up > METALS-London copper hits one week top as China's growth revives > Brent steady above $108, supported by China factory activity (Reporting by Lionel Laurent) Thu, 24 Jul 2014 01:16:45 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY6FD20140724?feedType=RSS&feedName=eurMktRpt Lisbon rallies as European shares edge higher http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY4NN20140723?feedType=RSS&feedName=eurMktRpt * Lisbon's PSI-20 equity index outperforms with 1.7 pct rise Wed, 23 Jul 2014 12:56:36 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY4NN20140723?feedType=RSS&feedName=eurMktRpt European shares propped up by chemical and car stocks http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY35K20140723?feedType=RSS&feedName=eurMktRpt LONDON, July 23 (Reuters) - Higher profits at carmaker Daimler and chemicals group Akzo Nobel lifted European shares on Wednesday, offsetting concerns about tighter Western sanctions on Russia over the Ukraine crisis. Wed, 23 Jul 2014 10:03:17 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY35K20140723?feedType=RSS&feedName=eurMktRpt Daimler, Akzo Nobel prop up European equities http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY2VJ20140723?feedType=RSS&feedName=eurMktRpt LONDON, July 23 (Reuters) - Forecast-beating earnings from carmaker Daimler and chemicals group Akzo Nobel lifted European shares on Wednesday, offsetting concerns about a ramping up of sanctions against Russia over the Ukraine crisis. Wed, 23 Jul 2014 06:32:46 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY2VJ20140723?feedType=RSS&feedName=eurMktRpt Better earnings provide support for European shares, led by Daimler http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY25520140723?feedType=RSS&feedName=eurMktRpt EDINBURGH, July 23 (Reuters) - European stocks rose on Wednesday on the back of generally strong earnings despite investors' concerns over the possibility of fresh European Union sanctions against Russia over the Ukraine crisis. Wed, 23 Jul 2014 04:36:09 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY25520140723?feedType=RSS&feedName=eurMktRpt European shares steady on mixed earnings, Ukraine caution http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY1SD20140723?feedType=RSS&feedName=eurMktRpt EDINBURGH, July 23 (Reuters) - European stocks held steady on Wednesday, stabilising after a surge in the previous session as traders digested mixed earnings and the possibility of fresh EU sanctions against Russia over Ukraine and the downing of a Malaysian airliner. Wed, 23 Jul 2014 03:23:26 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY1SD20140723?feedType=RSS&feedName=eurMktRpt European Factors to Watch-Shares to edge back; focus on Ukraine http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY0YY20140723?feedType=RSS&feedName=eurMktRpt EDINBURGH, July 23 (Reuters) - European stocks were seen edging lower at the Wed, 23 Jul 2014 02:27:34 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PY0YY20140723?feedType=RSS&feedName=eurMktRpt European shares bounce back, helped by earnings reports http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PX59020140722?feedType=RSS&feedName=eurMktRpt * Ukraine rebels hand over black boxes from Malaysian plane Tue, 22 Jul 2014 13:01:06 -0400 http://mobile.reuters.com/article/eurMktRpt/idUSL6N0PX59020140722?feedType=RSS&feedName=eurMktRpt