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Europe Stocks Steady as Futures Slip; Oil Dips: Markets Wrap

Article content (Bloomberg) Stocks fluctuated and U.S. equity futures slipped on Monday as investors weighed risks to the outlook including inflation and a spike in Covid-19 cases in some parts of the world. The Stoxx Europe 600 Index traded little changed as gains in automakers offset declines in energy firms. Ryanair Holdings Plc was among the gainers after the airline predicted a strong recovery in the second half. Stocks in Asia were mixed, with shares in Taiwan falling as the country raced to contain its worst outbreak of the coronavirus. U.S. equity futures slipped following Friday’s rally. We apologize, but this video has failed to load.

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European Shares Set To Open On Lackluster Note

BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks are seen opening on a cautious note Monday as investors react to mixed economic data from China and await the minutes from the U.S. Federal

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Key Events This Week: PMIs, Claims And Fed Minutes

by Tyler Durden Monday, May 17, 2021 - 09:40 AM Looking forward at the coming relatively quiet week, the flash PMIs for May (Friday) will be the data highlight but - as DB s Jim Reid notes - it’s tough to know what they’ll tell us that we don’t already know. Having said that, as we noted previously Deutsche Bank s equity strategist Binky Chadha has previously said that they’ll likely be an equity correction once the ISM rolls over from its current lofty peaks even as growth stays strong. The ISM has fallen for one month from its peak so it’ll be interesting to see what the flash PMI shows as a guide. April’s composite number was the highest on record at 63.5. The Euro Area composite PMI was at 53.8, the highest since July.

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REFILE-MORNING BID-Is the misery index coming back?

REFILE-MORNING BID-Is the misery index coming back?
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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Stocks steady as US futures slip; gold advances: markets wrap

Stocks steady as US futures slip; gold advances: markets wrap
moneyweb.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneyweb.co.za Daily Mail and Mail on Sunday newspapers.

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