European Stocks Fall on Fed Rate Outlook Worries; Adyen Plunges

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

(Bloomberg) -- European stocks extended declines after minutes from the Federal Reserve’s policy meeting in July suggested further interest-rate increases could be needed to contain inflation.Most Read from BloombergFed Saw ‘Significant’ Inflation Risk That May Merit More HikesNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGoldman CEO’s Most Loyal Deputy Is Tested by Mutinous PartnersKen Griffin Reshaped Law Banning Chinese Real Estate PurchasesGoldman Sachs Blames Zero-Day Options

The Stoxx Europe 600 fell 0.7% by 3:08 p.m. in London, declining for a third session. Industrial goods and services stocks led the retreat, while the basic resources and energy sectors were the biggest gainers.

Minutes from the Fed’s July policy meeting showed that most participants continued to see “significant upside risks to inflation, which could require further tightening of monetary policy.” However, two officials favored leaving rates unchanged or “could have supported such a proposal” instead of the rate hike authorized by the Federal Open Market Committee.

Investors remained concerned about signs of weakness in Chinese markets. Zhongzhi Enterprise Group Co., the Chinese shadow banking giant whose liquidity crisis has fanned fears about financial contagion, is planning to restructure its debt and hired KPMG LLP to conduct an audit of its balance sheet, according to people familiar with the matter.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Premarket: Global stocks slip on China data, European shares recover some groundConcerns about the health of China’s economy continues to weigh on global sentiment
Sumber: globebusiness - 🏆 31. / 66 Baca lebih lajut »

Stocks mixed as Target jumps, Fed minutes on tap: Stock market news todayStock indexes were looking to rebound from a day that saw each lose more than 1%.
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Scotiabank analyst sees big second half ahead for copper mining stocksDaily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »

Analysts’ forecast returns, recommendations and yields for all stocks in the S&P/TSX Composite IndexIt’s been a tough August so far for equity investors
Sumber: globebusiness - 🏆 31. / 66 Baca lebih lajut »

Bitcoin correlation with stocks and bonds rises in AugustAs institutional investors' interest climbs, BTC's correlation with the traditional financial markets has grown in the last two weeks.
Sumber: CryptoAmb - 🏆 22. / 68 Baca lebih lajut »

Ten reasons to start buying U.S. consumer discretionary stocksA roundup of investment ideas for active investors
Sumber: globeandmail - 🏆 5. / 92 Baca lebih lajut »