European stocks drift lower despite UK inflation falling to target

Investing.com - European stock markets edged lower Wednesday despite U.K. inflation falling back to the Bank of England’s target, with activity muted by a U.S. holiday.rose by 2.0% on an annual basis in the 12 months to May 2024, down from 2.3% in April, and back to the Bank of England’s target for the first time since July 2021.

The central bank is still widely expected to stand pat on rates, with data last week showing British wages picked up more quickly than forecast, but a cut could now be on the horizon.) to snatch the crown of most valuable company at the close Tuesday as the chipmaker continued to ride AI-wave to new heights.

Europe must foster greater political stability, cut red tape and reduce energy price volatility to reverse a declining trend in foreign investment, consulting firm EY said on Wednesday based on a survey of business leaders. European markets were hit hard last week after the European Parliament elections saw a swing to the far-right party, prompting French President Emmanuel Macron to call a snap election.Scan QR code to install app

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

European stocks set for muted open after European Central Bank cutEuropean stocks looked set to open relatively flat on Friday, after closing at a record high during the previous session.
مصدر: NBCNewYork - 🏆 270. / 63 اقرأ أكثر »

European stocks open marginally higher after European Central Bank cutEuropean stocks opened slightly higher on Friday, after closing at a record high during the previous session.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

European stocks lose steam after European Central Bank cutEuropean stocks moved lower on Friday, after closing at a record high during the previous session.
مصدر: NBCNewYork - 🏆 270. / 63 اقرأ أكثر »

European stocks slump after European vote, shock French electionEuropean stocks slump after European vote, shock French election
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »