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Wednesday preview: Emerging markets, CPI, Babcock in the spotlight
The market spotlight on Wednesday is likely to be on emerging markets, assuming no major developments materialise at this point on the Brexit front in Salzburg.
Europe close: Investors hope for best on trade front
Stocks on the Continent notched-up modest gains after the White House unveiled a more measured package of new trade tariffs on Chinese goods on Monday evening, although some analysts cautioned against reading too much into that.
Fund managers up cash, start to price in more hawkish Fed, BofA-ML says
Global fund managers topped up their holdings of cash and lowered their allocation to global equities, according to the results of Bank of America-Merrill Lynch's fund manager survey for the month of September, especially towards Emerging Markets and Europe.
Europe midday: Stocks hold higher despite impact from trade tariffs
Stocks on the Continent are holding onto modest gains after the White House unveiled a more measured package of new trade tariffs on Chinese goods on Monday evening, although some analysts cautioned against reading too much into that.
Italian finance minister argues for short-term boost in public investment
Italy's finance minister said his country's budget plans would put the emphasis on higher levels of public investment, lowering the tax burden on middle-income earners and increasing social protection for the poor.
Europe open: Stocks take their cue from yuan, rise despite China tariffs
Stocks on the Continent are seeing modest gains as the White House unveiled a measured package of new trade tariffs on Chinese goods on Monday evening, although some analysts cautioned against reading too much into that.