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Search resuls for: "Ankit Gheedia"


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Yet April’s surprisingly strong U.S. inflation print spooked some, leading to a cautious run into the May numbers later on Thursday in case of another upside surprise. Ahead of both key events, market sentiment remained subdued with MSCI’s broadest gauge of global stocks flat at 715.77 points, just off a record high of 718.19 hit last week. U.S. stock futures pointed to a mixed open on Wall Street, with the S&P called flat and Nasdaq down 0.3%. Ankit Gheedia, BNP Paribas’ head of equity and derivative strategy for Europe, said he expected inflation to pick up “sharply” in the coming months. So we think there will be higher inflation during summer,” although stock volatility would likely remain low in the coming days, absent a shock on inflation.
Persons: April’s, Ankit Gheedia, Kit Juckes Organizations: Global, eyeing, Federal Reserve, European Central Bank, Nasdaq, BNP, , Morgan, Treasury, U.S, CPI, Reuters, , Generale, Brent Locations: eyeing U.S, COVID, Europe, Asia, Pacific, Japan, U.S, Treasuries, United States
Analysis: Deliveroo's flop a wake-up call for tech hopefuls
  + stars: | 2021-03-31 | by ( Reuters Staff | ) www.reuters.com + 0.00   time to read: +4 min
FILE PHOTO: A Deliveroo delivery rider cycles in London, Britain, March 31, 2021. A quarter of the top 20 equity listings of 2021, ranked by proceeds, are trading at or below their offer price. Meda said he stayed out of Deliveroo because of valuation and regulatory concerns and blames mis-pricing for the lukewarm performance of some European IPO stocks. Last year saw high-profile U.S. tech names AirBnB and DoorDash almost double on their first day of trading. Now they will have to wait a while at the very least to see how the overall market behaves,” he said.
Persons: Toby Melville Deliveroo, Bairong, ” Angelo Meda, Deliveroo, Meda, Martens, Moonpig, , Eric Arnould, Ankit Gheedia, ” Gheedia, Wise Organizations: Deliveroo, REUTERS, Hong Kong, Baidu, SIM, BNP, Locations: London, Britain, Europe, Polish, Amsterdam, U.S, Milan, Germany
European stocks close to all-time highs as miners, tech shine
  + stars: | 2021-03-26 | by ( Sruthi Shankar | ) www.reuters.com + 0.00   time to read: +2 min
(Reuters) - European stocks ended the week close to all-time highs, with miners prominent as investors shrugged off worries about a third wave of coronavirus infections and focused on prospects of a solid global economic recovery. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, March 25, 2021. REUTERS/StaffThe pan-European STOXX 600 index rose 0.8% on Friday, just enough to register its fourth straight weekly rise and seven points short of a record high. Mining and oil & gas stocks gave the biggest boost to the index, while defensive sectors including healthcare and utilities were slightly down. Led by chipmakers, notably ASML and ASM International, the STOXX 600 tech index rose 2.7%, posting its biggest weekly gain since early November.
Persons: chipmakers, , , Ankit Gheedia, , Kaz, Morgan Stanley, Moller Maersk Organizations: Reuters, REUTERS, Staff, Mining, ASML, ASM International, BNP, , Glencore, BHP Group, Nova Resources, . Shipping, Spain’s Banco Santander, ABB Locations: Frankfurt, Germany, United States, Europe, Rio Tinto, Suez, Swiss
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