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Europe shares end mostly higher as euro rallies

European equities closed mostly higher on Wednesday as investors reacted to a slew of earnings reports and new economic data, as the euro rallied against the dollar.
Source: CNBC.com | By: Jenny Cosgrave
UPDATE 2-Record SUV sales help BMW beat profit forecasts

*BMW reaffirms targets, sees China sales growth slow. FRANKFURT, May 6- Record sales of SUVs helped German carmaker BMW AG to beat first-quarter profit forecasts, despite slowing demand growth in China. "Whilst the market has been focused on BMW's weak product momentum, poor import sales into China and overall China headlines, the company once again printed a very...
Source: Reuters | By: Edward Taylor
EU cuts Greek growth forecast  

The European Commission has slashed its growth forecast for Greece's economy. Bill Norman, senior analyst at Amplify Trading, says today's development is "quite disturbing" from a market investor perspective.
Source: CNBC.com
Equities are rich, but bonds are richer: Expert  

Rebecca Patterson, Bessemer Trust CIO, shares her thoughts on how stocks are valued compared to bonds. Also Patterson weighs in on ECB policy and its impact on the euro and dollar.
Source: CNBC.com
European Commission slashes Greek growth forecast

The European Commission slashed its 2015 growth forecast for Greece, while upgrading its growth outlook for the broader euro zone economy.
Source: CNBC.com | By: Dhara Ranasinghe
Will the euro continue to strengthen?  

Derek Halpenny, European head of global market research at Bank of Tokyo-Mitsubishi, expecting the euro to move down soon.
Source: CNBC.com
FOREX-Aussie rebounds after short-lived dip on RBA rate cut

SINGAPORE, May 5- The Australian dollar rebounded sharply after slipping initially as the Reserve Bank of Australia cut interest rates, as market players wondered whether the RBA's easing cycle may be over for now. Australia's central bank cut its cash rate a quarter point to an all-time low of 2.0 percent on Tuesday, aiming to spur a sluggish domestic economy...
Source: Reuters | By: Masayuki Kitano
FOREX-Dollar drifts higher in holiday-thinned trade, RBA in focus

SYDNEY, May 5- The dollar was slightly firmer against a basket of major currencies early on Tuesday, advancing against the euro and sterling in thin trade with several key financial centres shut for holidays. The euro last traded at $1.1146, continuing to peel away from a two-month peak of $1.1290 set on Friday. It bought $1.5116, not far from a one-week low of...
Source: Reuters | By: Ian Chua
Fed has done 'right thing': Buffett  

Warren Buffett, Berkshire Hathaway CEO, shares his thoughts on the worst case scenario in a low rate environment, both in the U.S. and Europe. Also Buffett weighs in on Japan's economic policy.
Source: CNBC.com
US dollar and data in focus on Wall Street

US stock index futures indicated a higher open on Friday ahead of a data-packed day, after stocks closed down more than 1 percent on the last day of trade in April amid dollar weakness.
Source: CNBC.com | By: Jenny Cosgrave