European Shares Flat as Euro Keeps Up Run
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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 $1.30 to all-time highs.
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European share indexes opened steady near 32-month highs on Tuesday, mirroring a flat performance from U.S. blue chips overnight, but home appliance maker Electrolux jumped as results topped forecasts.
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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 shares shrugged off a spike in the euro to a fresh all-time high Wednesday, with telecoms again leading the way higher after interim profits at Britain's mm02 beat expectations.
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European shares rose to 29-month highs  on Wednesday while the dollar came under modest pressure  despite a rate hike, and reassuring words, from the Federal  Reserve.
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European shares staged a modest recovery Thursday following an overnight fightback by Wall Street, but jitters remained across Asian stock markets in the wake of the recent global rout.
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European energy providers the main focus on Monday, but equity markets remained largely flat as profit taking in the banking sector offset gains for oil groups.
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European equity markets were heading for a subdued open on Monday as Wall Street was to remain closed for a public holiday. US industrial production data in the previous session should underpin the market however.
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The European Central Bank left its key refinancing rate unchanged at two per cent Thursday amid signs that the recovery in the 12-country euro zone may be sputtering.
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Leading Wall St shares closed the week in holiday spirit with a modest rise, despite the dollar&#39;s record fall against the euro.
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FRANKFURT - The European Central Bank held interest rates steady as expected on Thursday for the 17th month in a row, uncertain about how resilient the euro zone economy will prove to a strong currency and high oil prices.
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There was no let-up for European shares this week as fears grew that the continent would not escape the impact of a US recession.
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European shares opened steady on Tuesday  as a solid close on Wall Street overnight countered concerns  about higher energy and interest costs but Swiss chemical maker  Ciba fell after a downbeat outlook.
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Europe&#39;s main stock markets rose on Friday as earlier gains in Tokyo offset a subdued overnight performance in New York, dealers said.
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European shares opened steady on Tuesday after the main U.S. fourth quarter earnings season got off to a lackluster start overnight and chipmaker STMicroelectronics fell after warning on margins.
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European stock markets were expected to open little changed on Tuesday after a lacklustre session overnight on Wall Street and ahead of results from media giant Vivendi Universal.
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AFP/File - Europe's main stock markets drove higher after a steadier performance by Asian shares and Wall Street overnight, but concerns lingered over the troubled US economy, dealers said Tuesday.