European markets had a choppy day, with London's FTSE 100 and Frankfurt's DAX tumbling in afternoon trading while the Paris CAC 40 wobbled from gains to losses."The markets are likely to remain volatile as Q4 begins with October another historically choppy period after September's wild ride for the markets that saw the S&P 500 snap a seven-month winning streak," said analysts at Charles Schwab.
But that good news was offset by inflation data. The US Commerce Department's personal consumption expenditures price index was up 4.3 percent from August 2020 as the world's largest economy struggles with supply chain delays and shortages amid its bounceback from the pandemic's business closures.- Inflation deflates sentiment -Eurozone consumer prices surged in September by 3.4 percent on an annualised basis -- the fastest pace since 2008 -- as energy costs rocketed.
The inflation news"probably has not helped general sentiment", Interactive Investor analyst Richard Hunter told AFP.
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
WATCH: How value stocks have gained traction in 2021Business Day TV spoke to Omri Thomas from Abax Investments about value stocks
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »
Asian stocks slide as inflation fears mountAsian equities follow Wall Street lower as China grapples with a power shortage that threatens to push up global energy prices There is no greater joy than having financial stability and a life free of debts, that’s why I keep tweeting about Luis_harris1 it has been a pleasure investing with you...there is no other way I can show my appreciation other than tweeting the good deed you have done.
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »
WATCH: How value stocks have gained traction in 2021Business Day TV spoke to Omri Thomas from Abax Investments about value stocks
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »
MARKET WRAP: Drop to lockdown level 1 gives leisure stocks a boostThe JSE ended the day weaker as inflation fears continued to grip global markets Never knew I would be what I am today after so much suffering so I saw a post about your platform and I took a step to try if it’s going to work, you change my life and now I’m so much satisfied with my life now. I just want to share your good work Dennismayson7
مصدر: BDliveSA - 🏆 12. / 63 اقرأ أكثر »