European Shares Make Cautious Gains
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks were seeing modest gains on Friday, with earnings, macroeconomic data and rising bond yields in focus.
The pan European Stoxx 600 inched up 0.2 percent to 413.41 but was on track to snap a two-week winning streak on concerns about a rise in inflation.
The German DAX and France s CAC 40 index rose about half a percent each, while the U.K. s FTSE 100 was up 0.1 percent.
Swiss Re Group was little changed as it posted a Group net loss of $878 million for fiscal year 2020.
NatWest Group rose over 1 percent in London after confirming that it will withdraw from the Republic of Ireland.
FTSE 100 Struggles For Direction As Retail Sales Tumble
BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - U.K. stocks were struggling for direction on Friday, with rising bond yields, retail sales data and corporate news in focus.
The benchmark FTSE 100 was marginally lower at 6,615 after falling as much as 1.4 percent on Thursday.
NatWest Group rose over 1 percent after confirming that it will withdraw from the Republic of Ireland.
Daily Mail And General surged 5.3 percent after announcing the sale of its education technology business.
Civitas Social Housing edged up slightly after securing a new seven year term, interest only, loan facility of £84.55m from M&G Investment Management Limited.