European Commentary

European stocks advanced on Wednesday after top U.S. regulators expressed confidence that banks were solvent, blaming the recent collapse of Silicon Valley Bank on mismanagement, rather than systemic risks. The pan European STOXX 600 was up 0.9 percent, at 448.44 after ending little changed with...

U.K. stocks advanced on Wednesday, as banking fears continued to ease and data showed U.K. mortgage approvals rose more than expected in February, despite higher borrowing costs. The benchmark FTSE 100 was up 48 points, or 0.7 percent, at 7,533 after gaining 0.2 percent on Tuesday. Oil & gas...

French stocks opened higher on Wednesday after top U.S. finance officials pledged to use all tools for any size institution, as needed, to keep the financial system safe and sound. The regulators defended decisions they made both before and after the collapse of SVB, noting the bank failed because...

German stocks rose notably on Wednesday after top U.S. regulators tried to assure Congress that the overall financial system is still sound and the collapse of Silicon Valley Bank was a "textbook case of mismanagement". The benchmark DAX jumped 104 points, or 0.7 percent, to 15,246 after finishing...

European stocks are likely to open higher on Wednesday after regulators blamed the role of social media and Silicon Valley Bank management for its collapse and insisted the collapse was not so much a failure of regulation. Asian stocks traded mixed, with Hong Kong markets leading regional gains after...

The Switzerland stock market ended modestly higher on Tuesday after staying fairly steady right through the day's session.

Despite opening on a firm note and holding in positive territory till noon, the major European markets ended roughly flat on Tuesday, as stocks pared gains and struggled to move higher again as investors awaited further updates on the banking sector front.

European stocks were seeing modest gains on Tuesday amid easing concerns over the banking system and on eve of testimony to Parliament about Silicon Valley Bank by the governor of the Bank of England (BoE). Investors shrugged off survey results from the statistical office Insee showing that French...

U.K. stocks rose on Tuesday as banking concerns eased and a recovery in crude prices lifted commodity stocks. Meanwhile, U.K. shop prices logged another record increase in March due to the historical growth in food and non-food prices, data from the British Retail Consortium showed earlier today....

French stocks traded higher Tuesday on easing concerns over the banking system. Investors shrugged off survey results from the statistical office Insee showing that French manufacturers' confidence slightly worsened in March for the first time in four months. The manufacturing confidence index...

German stocks opened higher on Tuesday as worries about the banking sector eased following a buyout deal for the deposits and loans of the failed Silicon Valley Bank. The benchmark DAX was up 57 points, or 0.4 percent, at 15,184 after climbing 1.1 percent on Monday. Lender Commerzbank rallied...

The Switzerland stock market ended on a strong note on Monday, in line with markets across Europe, as concerns about global banking crisis eased thanks to some positive developments in the sector.

European stocks closed higher on Monday amid easing concerns about the banking crisis following the latest developments in the sector.

European shares opened on a steady note Monday as an agreement for the takeover of the assets of failed Silicon Valley Bank (SVB) helped ease fears of a global banking crisis. First Citizens BancShares has entered into a loss-share transaction for all deposits and loans of the SVB, the U.S. Federal...

European stocks are likely to open higher on Monday as banking concerns ease. Deutsche Bank remains profitable and there's no reason to doubt its future, German Chancellor Olaf Scholz said on Friday during a news conference in Brussels. Elsewhere, the U.S. Financial Stability Oversight Council...