European Stocks Decline as Investors Await Central Bank Decisions

European shares declined while the dollar maintained its strength on Tuesday as investors awaited a series of central bank meetings this week. The anticipated outcome includes a rate cut by the U.S. Federal Reserve and a pause in adjustments by the Bank of Japan. The pan-continental STOXX 600 index dipped 0.5%, reaching a two-week low. Germany’s DAX, France’s CAC 40, and Britain’s FTSE 100 also experienced losses, ranging from 0.1% to 0.7%.

Analysts attributed the European market’s weakness to recent disappointing economic data. Meanwhile, U.S. equity markets have outperformed their European counterparts this year, with the Nasdaq achieving another record close on Monday. The S&P 500 has surged by 27% in 2024, compared to the STOXX 600's 7% increase. In Asia, Japan's Nikkei 225 retreated 0.2%, while South Korea's Kospi shed 1.3%, resulting in yearly losses exceeding 7%, making it Asia's worst-performing market this year. The South Korean market has been under pressure due to political turmoil following President Yoon Suk Yeol's impeachment and suspension of duties on Saturday over a short-lived attempt to impose martial law. Bitcoin hovered near its record high of $107,821 reached on Monday, settling at $107,346. The cryptocurrency market has been experiencing growth since the U.S. election in early November, fueled by speculation that the incoming Trump administration will create a more favorable regulatory environment. This week, central banks in the United States, Japan, the United Kingdom, Sweden, Norway, Indonesia, and Thailand will convene. The BOJ, the Bank of England, Norges Bank, and the Bank of Thailand are anticipated to maintain their current policies, while the Riksbank is expected to lower rates. Bank Indonesia, on the other hand, is projected to raise interest rates to bolster the rupiah, which is near its lowest point in four months

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Tech Stocks Lead European Shares RecoveryEuropean stocks rebounded Thursday, led by tech sector gains, following a two-day decline fueled by U.S. economic concerns and French political challenges. The STOXX 600 index rose 0.4%, while the tech sector climbed nearly 1%.
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »

Premarket: European stocks dip, ignoring China rally, Aussie falls after RBAChina bond yields hit record lows
출처: globebusiness - 🏆 31. / 66 더 많은 것을 읽으십시오 »

Stocks, currencies boost European hedge fund returns in November, sources sayThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »

European Stocks Fall Amid Worries Over Russia-Ukraine EscalationEuropean equities declined for a third day amid concerns about an escalation of Russia’s war in Ukraine.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

European stocks sink as investors flock to safety amid geopolitical jittersThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
출처: KitcoNewsNOW - 🏆 13. / 78 더 많은 것을 읽으십시오 »