European Shares Edge Lower As Rate Worries Return To Haunt
Rising bond yields and Brent crude above $100 a barrel weighed on markets, while the Stoxx 600 still posted a weekly gain of 0.8%.
8 Articles
8 Articles
European Shares Edge Lower As Rate Worries Return To Haunt
European stocks drifted lower on Thursday as Brent crude futures held above the key $100-per-barrel level amid ongoing West Asia tensions and hawkish Federal Reserve commentary raised expectations of another Fed rate hike.
Oil is going up again as borrowing rates fly away. There is reason to fear further increases in key rates and to weigh on stock exchanges. ...
The DAX is expected to fall at the start of trade today. The sharp rise in oil prices is fueling new inflation and interest-rate concerns. The focus is also on the Trump-Xi summit and the new economic forecast.
The European exchanges closed down Wednesday (23) under pressure from the advance of oil prices and sovereign interest rates, which intensified the upward trend after strong activity data on the continent. The movement took place in line with the American peers, in a context of rising inflationary fears and resilient growth indicators in developed economies, leading the market to predict the need for more restrictive rates in the future. The pan…
Europe's markets are slowly shrinking, stricken by the surge in bond yields and oil that remains well above the 100 dollars.In New... Read more Stock exchanges are waning, oil and rates impose their law has appeared first on Le Singulier.
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