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Germany Purchasing Manager Index Manufacturing improves to 35.4 in Apr from 35 in Mar

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European markets open with gains; Euro and Pound, little moved

FXstreet.com (Barcelona) ? European markets have opened Friday?s session with gains once concerns about U.S. banks? stress tests have vanished. Major currencies remain moving sideways, ahead of April?s non-farm payrolls report.Eurostoxx 50 Index adds 1.54%, and German DAX index gains 1.57% while French CAC Index trades 1.34% above its opening level. Banking stocks are moving higher once fears about bankruptcies in the U.S. are gone; Commerzbank rose 3.5% and shares of Royal Bank of Scotland rocketed 13%.Euro Pound and Yen,

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European markets gain on improved economic outlook; Euro and Pound, up and down

FXstreet.com (Barcelona) ? European markets are going through gains on Thursday on improved risk appetite, after the Fed observed an improvement on the global economic outlook. Euro and Pound have moved up and down as they have dropped, after having reached intra-week highs, to the levels they were at the European opening.Eurostoxx 50 index trades 2.0% above its opening level, while German Dax Index gains 2.14% and French CAC Index adds 1.63%. London FTSE is going through gains by 1.89%.On

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Sterling Stronger After Weak CBI Report

The pound sterling is higher on Thursday after a weaker than expected manufacturing report from the Confederation of British Industry (CBI).On Thursday morning the CBI's manufacturing orders index advanced to -57 from March's -58 level. Expectations had been for a read of -54.After unveiling one of the largest budgets in the UK's history on Wednesday, UK Chancellor of the Exchequer Darling said that fiscal and monetary stimulus will help the economy recover by the end of 2009

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European markets in positive; Euro higher and Pound down on weak GDP

FXstreet.com (Barcelona) ? European stock markets are going through gains on Friday cheered by better than expected German Ifo Business Climate which has driven the Euro further up in European morning time. In the UK, the Pound has been slammed by the largest GDP slump since 1979.Eurostoxx 50 index gains 0.89% and German DAX Index adds 1.09%, while French CAC Index trades 1.02% above its opening level. In the UK, London FTSE index adds 0.94%.In the macroeconomic front Germain Ifo

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European markets open with moderate gains, Euro and Pound slightly weaker

FXstreeet.com (Barcelona) ? European markets have opened the week with gains, as banks have advanced after Geithner assuring that the U.S. banking system is healthy. Euro and Pound have ticked slightly lower in European session so far, while the Yen seems to be taking ground back after yesterday?s decline.Eurostoxx 50 Index trades 0.50% higher while German DAX Xetra rises 0.40% and French CAC 40 trades 0.30% above its opening level. London FTSE Index trades 0.40% up.On the macroeconomic respect, the

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European markets rise as confidence in Banks return; Euro and Pound, up

FXstreet.com (Barcelona) ? European markets advance at a strong pace on Thursday on the back of Geithner?s affirmations that banks ?stress test? conclusions have been more positive than expected. Euro and Pound have risen on European session.Eurostoxx 50 Index adds 1.75%, while German DAX Index rises 1.71% and the French CAC trades 1.90% above its opening level. In England, London FTSE Index rises 2.25%.On the macroeconomic side, German Factory orders jumped unexpectedly in March; 3.3% up against a 0.5% decline

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European markets advance; Euro and Pound give away gains

FXstreet.com (Barcelona) ? European stock markets have risen on Monday following increases in Asia on growing belief that the worst part of the economic crisis is already over. Euro and Pound have depreciated slightly during European trading time.Eurostoxx 50 Index adds 0.72%, while German DAX index rises 1.65% and French CAC Index trades 1.07% above its opening level. London FTSE stock market is closed for holidays.On the macroeconomic front, Euro Zone manufacturing PMI edged up to 36.8 in April, from

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European markets hesitant, Euro and Pound upward attempts, short lived

FXstreet.com (Barcelona) ? European stock markets are shifting from positive to negative territory after a slightly positive tone at the opening. Euro and Pound tried to reach higher levels during the European session but sellers kept European currencies at the upper side of previous flat trading ranges.Eurostoxx index edges down 0.7% at midday time in Europe while French CAC Index edges up 0.7% and the German DAX Index rises 0.20%. London FTSE index drops 0.29%.In the macroeconomic domain, UK Retail

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