European bourses poised for profit taking
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European equity markets looked set to give back some of their recent gains on Tuesday as profit taking follows the run up to near four month highs in the previous session.
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Europe's main stock markets fell Tuesday on profit-taking amid caution on the eve of an interest-rate call by the US Federal Reserve, dealers said.
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European equity markets looked likely to nudge higher at the open on Wednesday following overnight gains on Wall Street, but caution was expected ahead of weekly US crude inventory numbers in the midst of oil prices above &#36;50 a barrel.
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European shares edged nearer to 2-1/2  year highs on Tuesday, tracking Wall Street's gains, but the  world's biggest paper maker Stora Enso fell after saying its  fourth quarter will be tough.
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European stock markets have steadied ahead of a pre-budget report by British finance minister Gordon Brown and on the eve of interest-rate decisions by the ECB and Bank of England.
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European equity markets were expected to open higher on Wednesday after blue chips in the US posted their biggest daily gains in four months, however, caution is expected as oil prices turned higher.
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European share indexes were slightly  ahead by late morning on Tuesday, with gainers led by Credit  Suisse after the bank set ambitious earnings targets and as a  survey showed a pick-up in German investor confidence this  month.
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Europe's main stock exchanges edged higher on Monday after steep pre-weekend losses on Wall Street and ahead of a data-packed week, analysts said.
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European equities firmed slightly on Wednesday, as truckmakers' robust third quarter earning offset weakness for drug and chemicals companies.
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European stock markets scaled near-2-1/2 year highs on Friday as oil prices held below &#36;48 a barrel, and the euro held off from mounting another assault on &#36;1.30 but hovered near record highs against the dollar.
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European stocks were steady on Thursday  amid results from key firms such as Philips which beat earnings  estimates but gave a cautious outlook, while Siemens also  reported higher-than-expected profits.
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European stock markets moved higher ahead of today&#39;s eurozone interest decision.
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Banks led European shares higher on  Monday ahead of this week's key earnings data which will show  their progress on writing down losses related to U.S. subprime  mortgages, while the dollar edged away from a 1-1/2 week low.
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European stock markets were expected to open flat on Tuesday, as a spate of strong earnings and positive close on Wall Street vied with the effects of a late rise in crude prices overnight.
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European stock markets held near 28-month highs Thursday as investors stayed confident in the ability of firms to continue boosting profits in the face of the euro's extended push past &#36;1.30 to all-time highs.
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European equity markets gave back some of their recent gains on Tuesday as profit taking followed the previous session's run up to near four month highs.
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European equity markets were set for a cautious start on Tuesday after a flat finish overnight on Wall Street and a mixed performance in Asia. On a light day for corporate news, attention will focus on the macro-economic data with the ZEW survey of German economic sentiment due for release later in the session.