European Shares Rise as Tech, Banks Rebound

Topdanmark surges on Sampo buyout bid SSP Group falls after GS downgrade STOXX 600 up 0.3 June 17 Reuters European shares advanced on Monday, with banks and technology stocks rebounding from losses last week after markets were startled by political uncertainty in France, while Danish insurer Topdanmark surged on Sampo39;s buyout bid. As of 0816 […]
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Sterling Eases ahead of BoE Rate Decision this Week

LONDON, June 17 Reuters The pound eased modestly on Monday, ahead of a policy meeting by the Bank of England this week at which the central bank is not expected to cut interest rates, but might telegraph the likely timing of the first drop. Political turmoil in France last week rattled risk appetite and sent […]
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Japan Core Machinery Orders Down in April

Core orders 2.9 mm vs 3.1 seen in Reuters poll Cabinet Office leaves machinery orders assessment unchanged TOKYO, June 17 Reuters Japan39;s core machinery orders fell in April for the first time in three months, government data showed on Monday, due to a pullback from the prior month39;s big jump, but the Cabinet Office said […]
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ECB in no Rush to Discuss French Bond Rescue, Sources Say

Governors think Paris should reassure investors FRANKFURT, June 16 Reuters European Central Bank policymakers have no plan to discuss emergency purchases of French bonds and still think it is for French politicians to reassure investors spooked by the prospect of a farright government, five sources told Reuters. French financial markets endured a brutal selloff late last week […]
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