European stocks slip on dour German sentiment survey ahead of Powell speech

  • 📰 Reuters
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

European shares slipped on Friday as investors fretted over downbeat German consumer sentiment data due to rising energy costs and the path for U.S. interest rate hikes ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole.

European Central Bank policymakers appeared increasingly concerned that high inflation is getting entrenched, minutes of the July 21 showed on Thursday, even as recession risks loomed.The STOXX was on pace to end the week down nearly 1% and log its second straight weekly decline.

German consumer sentiment is set to hit a record low for the third month in a row in September, a new survey showed, as households brace for surging energy bills. In contrast, French consumer confidence unexpectedly rose in August."German recession fears just became more intense with the sentiment index falling to a new record low...

Elsewhere, regulator Ofgem said British energy bills will rise an eye-watering 80% to an average of 3,549 pounds a year from October, calling it a "crisis" that needed to be tackled by urgent government action.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Why Fed's Powell speech on Friday likely matters less for stocks than a sputtering housing marketInflation, job losses and the cooling housing market are top factors that could drive a U.S. recession, according to Charles Schwab's Kevin Gordon. Idk man, if he doesn't double down on being a hawk, the green in stocks will be epic Abnb criminal probe crash 00000 Abnb criminal probe 0000
Herkunft: MarketWatch - 🏆 3. / 97 Weiterlesen »

Boss Wants Friendly, Relaxed Company Culture In Place By FridaySAN MATEO, CA—Warning of severe consequences if he didn’t see results, Pantheon Digital Consulting COO Daniel Abelson, 59, told employees Monday he wants a relaxed, friendly company culture implemented by the end of the week, sources within the organization confirmed. “I don’t care how you make this a laid-back, fun… Let's circle back on this next week. Hello, I’d like to order one friendly, relaxed company culture please and thank you _screenshoter
Herkunft: TheOnion - 🏆 724. / 51 Weiterlesen »