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FTSE 100 falls as high yields weigh, but marks best week in 2 months
Published at 05/03/2021 at 17:13 -
European stocks pressured by yields, but mark weekly gains on firm cyclicals
Published at 05/03/2021 at 17:12 -
Powell disappointment hits European stocks, tech slides again
Published at 05/03/2021 at 08:28 -
UK shares fall as higher bond yields weigh
Published at 05/03/2021 at 08:13 -
UK Stocks-Factors to watch on March 5
Published at 05/03/2021 at 07:34 -
UK Stocks-Factors to watch on March 5
Published at 05/03/2021 at 05:58 -
FTSE 100 snaps 3-day winning streak as high yields weigh
Published at 04/03/2021 at 17:10 -
European shares end lower as miners and tech are pressured by firmer yields
Published at 04/03/2021 at 17:04 -
Rising U.S. yields knock European stocks, miners slump
Published at 04/03/2021 at 08:30 -
FTSE 100 falls as high yields, inflation worries return to fore
Published at 04/03/2021 at 08:28
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FOREX-Dollar jumps as U.S. jobs growth beats expectations
Published at 05/03/2021 at 19:57 -
FOREX-Dollar jumps as U.S. jobs growth beats expectations
Published at 05/03/2021 at 15:02 -
FOREX-Dollar gains across the board as Powell sticks to script
Published at 05/03/2021 at 12:08 -
FOREX-Dollar gains across the board as Powell sticks to script
Published at 05/03/2021 at 09:47 -
FOREX-Dollar ascendant as Powell sticks to script; risk currencies slide
Published at 05/03/2021 at 04:50 -
FOREX-Dollar ascendant as Powell stays dovish course; risk currencies slide
Published at 05/03/2021 at 01:24 -
FOREX-Dollar hits three-month highs as Fed's Powell sticks to script
Published at 04/03/2021 at 20:26 -
FOREX-Dollar pares gains before Fed's Powell speaks
Published at 04/03/2021 at 15:11 -
FOREX-Dollar holds before Powell speaks, Swiss franc falls to five-month low
Published at 04/03/2021 at 12:33 -
FOREX-Dollar holds gains ahead of Powell, Swiss franc falls to 5-month low
Published at 04/03/2021 at 08:53
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Oil surges after OPEC+ hold cuts, strong U.S. jobs growth
Published at 05/03/2021 at 19:33 -
PRECIOUS-Gold holds near 9-month low as yields, dollar gain further
Published at 05/03/2021 at 18:58 -
PRECIOUS-Gold slides to 9-month low as high yields, dollar dull appeal
Published at 05/03/2021 at 12:47 -
PRECIOUS-Gold slides to 9-month low as Powell's remarks make yields rally
Published at 05/03/2021 at 07:28 -
Oil extends gains on OPEC+ supply restraint
Published at 05/03/2021 at 01:46 -
PRECIOUS-Gold sinks to 9-month low as Fed remarks boost dollar, bond yields
Published at 05/03/2021 at 01:26 -
Oil scales 1-year peak as OPEC+ rolls over output for April
Published at 04/03/2021 at 20:15 -
PRECIOUS-Gold crumbles under rising yields, dollar; hits 9-month low
Published at 04/03/2021 at 19:46 -
PRECIOUS-Gold rises as easing bond yields offset firm dollar
Published at 04/03/2021 at 12:42 -
PRECIOUS-Gold prices off 9-month low, but pressured by rising bond yields
Published at 04/03/2021 at 07:48
UPDATE 2-European stocks run out of steam after ECB; energy shares weigh
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)
* Oil, real estate stocks among big decliners
* Tech rally continues as U.S. peers rally
* ECB sticks to policy as expected
(Updates to market close)
By Sruthi Shankar and Amal S
Jan 21 (Reuters) - European stocks lost steam heading into the close on Thursday, weighed down by oil and real estate shares, while the European Central Bank stuck to its monetary policy but warned a surge in COVID-19 infections posed a risk to the euro zone's recovery.
The pan-European STOXX 600 index ended flat after rising as much as 0.8% earlier in the session.
Energy majors BP , Royal Dutch Shell and Total each fell more than 2% as oil prices slipped after industry data showed a surprise increase in U.S. crude inventories.
The ECB offered few surprises after it kept its policy unchanged, while its president Christine Lagarde warned that a new rise in cases and the ensuing restrictions to activity would dampen activity in the near term and said the ECB was prepared to provide even more support for the economy if needed.
"Lagarde touched upon the mixed positive and negative developments but concluded that there were no reasons to change the broader assessment from the December projections," Carsten Brzeski, global head of macro at ING, wrote in a note.
Brzeski, however, noted the central bank's projection in December of 0.6% GDP growth quarter-on-quarter in the first quarter "is a tad optimistic."
Euro zone stocks came off session highs to close 0.1% lower with the euro strengthening against the dollar, while euro zone banks slid 0.6%.
European shares rallied to near 11-month highs earlier on Thursday after as investors bet on major stimulus from new U.S. President Joe Biden, who signed half a dozen executive orders including a U.S. return to the international Paris Agreement to fight climate change.
Shares in wind turbine maker Vestas , renewable energy group Siemens Gamesa and offshore wind group Orsted rose between 1.4% and 3.9%.
French shopping centre operators Unibail-Rodamco-Westfield
and Klepierre lost 8.4% and 6.5%, respectively, dragging down the real estate index by 1.5%.
Tech stocks jumped 1.6% as their U.S. peers rallied, while British software maker Sage Group jumped 4.9% after posting higher quarterly recurring revenue.
Spain's Bankinter gained 4.3% as it forecast higher lending income and loan growth across its markets.
Swiss online pharmacy chain Zur Rose Group AG climbed 8.9% after it posted full-year revenue above analysts' expectations.
Britain's IG tumbled almost 9% after it announced plans to buy U.S. trading platform tastytrade for $1 billion.
(Reporting by Sruthi Shankar and Amal S in Bengaluru; Editing by Arun Koyyur and Saumyadeb Chakrabarty)
((Amal.S@thomsonreuters.com; within U.S.+1 646 223 8780; outside U.S. +91 80 6749 3677;))