European stocks cut losses after ceasefire talks

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 61%

대한민국 뉴스 뉴스

European stocks cut almost all session losses today as Russia and Ukraine held ceasefire talks, while euro zone banks slumped as they braced for impacts from tough new sanctions on Russia.

The pan-European STOXX 600 ended 0.1% lower after having fallen nearly 2% in the session, as investors bought defensive and technology names.Dublin's ISEQ index was up 56 points to close at 7,860.

Officials from Russia and Ukraine ended peace talks today and will return to their respective capitals for further consultations before a second round of negotiations, RIA news agency reported. "The lack of any obvious progress in the Russia-Ukraine ceasefire talks has not provoked any further selling," said Chris Beauchamp, chief market analyst at online trading platform IG.Euro zone banks slumped 5.7% with lenders most exposed to Russia, including Austria's Raiffeisen Bank, UniCredit and Societe Generale, plunging between 9.5% and 14%.

Euro zone money markets further scaled back expectations for rate hikes from the European Central Bank, with traders now pricing in a total of 30 basis points by year-end, from roughly 35 bps late last week.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 16. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

European stocks clip losses as Russia and Ukraine hold talksEuro zone banks brace for impact of further sanctions; Iseq ends session 0.73% higher
출처: IrishTimesBiz - 🏆 6. / 77 더 많은 것을 읽으십시오 »