- European stock markets hovered at one-month highs on Monday after data showed a surprise rise in German exports and on firmer expectations of a new wave of stimulus by the European Central Bank later this week.
The pan-European STOXX 600 index opened higher but was down 0.1% as losses in the airlines and commodities sectors outweighed gains in oil and auto stocks. The latest data follow a streak of underwhelming ones that has fueled concerns that Europe’s biggest economy could tip into recession in the July-September quarter.
With euro zone inflation well below target, market participants are betting that the ECB will cut its rate on bank overnight deposits, its primary interest rate tool, for the first time since 2016 when it meets on Thursday.
I'm sure we can get a little bit more air in here.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
2 German climbers die hiking in Austrian AlpsAustrian authorities say two German men have died in separate accidents while hiking in the Alps. This is what happens when you find a stranger in the Alps. trump should solve this How the hell did that happen?
Source: ABC - 🏆 471. / 51 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: CNBC - 🏆 12. / 72 Read more »
Source: Reuters - 🏆 2. / 97 Read more »
Source: Reuters - 🏆 2. / 97 Read more »