European Markets Set to Slump as the Prospect of Rate Hikes Clouds Investor Sentiment

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

European stocks are expected to slump at the open on Monday as investor sentiment is dominated by the prospect of forthcoming interest rate hikes.

The region's major bourses closed in negative territory last Friday, with the investor mood darkened by the European Central Bank's confirmation, last Thursday, that it intends to hike interest rates by 25 basis points at its July meeting.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in LOANS

Loans Loans Latest News, Loans Loans Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Firms Cut Back on Hiring During Market SlumpCryptocurrency firms have slammed the brakes on their spending spree in response to the continuing crypto price slump That OK I will buy Normal people don’t have any interest in gambling
Source: WSJ - 🏆 98. / 63 Read more »

Stocks plunge as inflation soars at fastest pace in 4 decadesMay surge in consumer prices raises odds that the Fed will continue to sharply hike interest rates. I believe Biden’s executive orders and policies are the real cause for this. Lgb
Source: CBSNews - 🏆 87. / 68 Read more »