European stocks nudge lower after Monday's market rout

The coming weeks are expected to remain volatile for markets, Ben Gutteridge, portfolio manager at Invesco, told CNBC's 'Squawk Box Europe' on Tuesday. 'It is certainly a worrying period. I have a more positive over the medium term, but over the next sort of few weeks, three weeks you know we have to strap ourselves in for a bit of volatility,' he said.

There is a 'black hole' on the economic data and central bank communication front, and only a few key earnings are expected in the upcoming days and weeks, Gutteridge said. 'There just doesn't seem to be that catalyst to sort of get markets sort of firing again,' he said, adding that this raised concerns about a 'self feeding sort of volatility frenzy' as the market sell-off continues, risk positions are reduced and bond yields fall.

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 nudge higher after Monday's market routEuropean stocks were higher Tuesday, with global markets looking to shake off Monday’s volatility.
مصدر: NBCNewYork - 🏆 270. / 63 اقرأ أكثر »

European stocks open higher, shaking off global market panicEuropean stocks opened higher Tuesday, with global markets looking to rally after widespread volatility on Monday.
مصدر: NBCPhiladelphia - 🏆 569. / 51 اقرأ أكثر »