Investing.com - European stock markets traded marginally lower Friday, as investors digested lackluster British growth data ahead of key US bank earnings and a highly-anticipated Chinese fiscal policy briefing.rose by 0.2% in monthly terms in August, in line with expectations, and after no growth in the previous two months.
The data “lends some support to our view that a mild slowdown in GDP growth in the second half of this year is more likely than another recession,” said analysts at Capital Economics, in a note.meets next week, and is expected to ease policy once more, especially as inflation in the eurozone’s largest economy is now below its medium-term target.
China is a major export market for a number of Europe’s major companies, and its economy has been struggling in the face of sluggish consumer spending and a real estate crisis.) stock fell almost 1% after the energy giant stated that it expects third-quarter output to be “broadly” flat, while net debt at the end of the quarter is now expected to be higher.
Additionally, traders remained on edge over a potential escalation in the conflict in the Middle East, especially if Israel targets Iran’s oil facilities.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: Investingcom - 🏆 450. / 53 Lire la suite »