European stocks slip lower; UK budget, earnings and growth data in focus

Investing.com - European stock markets slipped lower Wednesday, as investors digested more quarterly earnings results while awaiting regional growth data as well as the UK budget.The last trading day of October has started on a cautious note as investors hunker down ahead of the various risk events, including the first budget from Britain's Labour government after 14 years of Conservative rule.

Investors are wary of what may be the biggest tax hikes in three decades, as well as increased borrowing, given the Labour Party’s pre-election promises to fix the country's struggling public services. On the economic front, the French economy showed some signs of encouragement, helped by the impact of the Paris Olympic Games, with data released earlier Wednesday revealing its third-quarterthird-quarter growth figures are likely to offer up a contrast, with the world's largest economy set to maintain a solid pace of growth.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

European markets set to open lower ahead of European growth data, more earningsEuropean markets are heading for a negative open Wednesday, as investors await the latest growth data from the region and another batch of earnings.
Source: NBCDFW - 🏆 288. / 63 Read more »

European equities open flat as traders focus on earnings; Deutsche Bank stock starts the day lowerEuropean markets opened flat Wednesday as investors in the region focused on corporate reports.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European stocks mostly lower; Mercedes slumps on Chinese woeEuropean stocks mostly lower; Mercedes slumps on Chinese woe
Source: Investingcom - 🏆 450. / 53 Read more »

European stocks lower; Mercedes, Remy Cointreau down as earnings disappointEuropean stock markets were lower Friday, rounding off a largely negative week for global stocks.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks lower; defense firm Saab up 6%; German software giant SAP hits all-time highEuropean markets were in mixed territory Tuesday as sentiment soured on Wall Street and in Asia-Pacific markets overnight.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »