European stocks mixed; German politics, Air France KLM slump in spotlight

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European stocks mixed; German politics, Air France KLM slump in spotlight

Investing.com - European stock markets traded in a mixed fashion Thursday, as investors digested the ramifications of political upheaval in Germany and Donald Trump’s return ahead of rate decisions from the Federal Reserve and the Bank of England.Political uncertainty in Europe's biggest economy is rife after German Chancellor Olaf Scholz said on Wednesday he would call a confidence vote on January 15, which could pave the way for a snap federal election in March.

Emmanuel Macron, the President of France, the region’s second largest economy, has his own political difficulties, and this weakness couldn't come at a much worse time for the bloc as the possibility of a trade war with the US becomes more likely as Donald Trump returns to the White House.) stock fell 10% after the airline group reported a bigger-than-expected drop in its quarterly operating result, impacted by the Paris Olympic Games and unit costs.) stock fell 2.

Additionally, China’s National People’s Congress is widely expected to outline plans for more fiscal spending in the coming months to boost economic growth.

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