European Stock Markets Down, While Oil Prices Continue to Rise
7 Articles
7 Articles
The advance in interest rates on European sovereign bonds and high oil prices continued to press the European exchanges, which closed this Wednesday in a slight fall. After the indices have renewed records in the middle of the strong balance sheet season of the second quarter, they round the minimums of one month with the resumption of the oil shock and the greater demand from investors with fiscal austerity. The pan-European index Stoxx 600 clo…
European stock markets closed mostly lower on Wednesday. Investors traded cautiously, while rising tensions between the United States and Iran drove oil prices up further. As a result, it also seems increasingly likely that the European Central Bank (ECB) will announce a new interest rate hike soon.
The European stock exchanges closed down on Wednesday (2) in the face of the surge in bond yields and the escalation of tensions between the United States and Iran. The advance of energy costs kept inflationary fears on the radar, although oil and Treasury interest have lost strength throughout the day. The pan-European index Stoxx 600 [...]
European stock markets ended the third day of the week lower as escalating geopolitical risks in the Middle East boosted oil prices and global inflation concerns shook bond markets.
Tensions in the Middle East boosted oil prices, while inflation concerns pushed bond yields to record highs. European stock markets closed lower, Brent crude rose to $97, and the German 10-year bond yield hit its highest level in 15 years.
Sentiment also increased for Brent, TTF and gold, while leading European stock markets fell slightly.
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