Politics and luxury goods weigh on benchmark Cac 40 index
Software provider SAP responsible for two-fifths of all Frankfurt gains in year of political tumult
Borrowing costs edge higher after rating agency warns political chaos will make it harder to cut budget deficit
G7’s $50bn loan is no substitute for transferring blocked foreign exchange reserves to Ukraine
Virtually every other corner of the ETF investment universe was ground into dust by the onward march of Wall St
Dax has enjoyed an unexpectedly strong market performance since the US elections
Prices, sentiment and time
Analysts point to lack of manufacturers that could be hit and high weighting in banks and oil stocks
US Treasuries rally as investors sell equities and seek safe assets
Euro has tumbled as investors worry currency bloc will be on front line of trade war
Competition with the US looks set to intensify with Donald Trump heading to the White House again
Former president’s promise of tariffs has dragged down sectors already struggling with flagging Chinese demand
US and Japan only member nations still to clarify their contributions to $50bn package
Bonanza helped lift global September inflows to $141bn, keeping industry on track for record-breaking year
Novo Nordisk and Schneider in demand as robust American economy defies investors’ expectations
Stock rally offers boost to Europe’s IPO market in first big listing after summer break
Also in this newsletter: Mussolini’s granddaughter leaves Italy’s governing party for being too right-wing
Soft payroll data prompts traders to increase bets on aggressive rate cuts by Federal Reserve
The EU has to tackle the drain of valuable tech companies to US capital markets
Market turbulence driven by fears of potential US economic slowdown and fall in Nvidia shares
Deferred tax assets may hobble their ability to return capital to shareholders
S&P 500 suffers worst day since a bout of volatility last month as investors await payrolls data
Bank’s analysts cut share price targets for BP, TotalEnergies, Shell, Equinor and Repsol over weaker fossil fuel prices
Bourse’s new CEO says foreign investors had been put off, but he is encouraged by changes at state-controlled groups
Deutsche bank data shows rapid recovery in confidence as markets bet on ‘Goldilocks’ scenario for US economy
