Weak earnings drag European stocks lower ahead of ECB meeting

  • 📰 Reuters
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

European shares eased from one-month highs on Thursday as a batch of weak earnings and mixed economic data from China dented sentiment, while investors waited to hear from the European Central Bank.

Dutch beer maker Heineken NV slid 2.6% as its first-half net revenue fell 16.4% due to coronavirus-related lockdowns.

“The data that came out from China was not terrible by any means, but if you look at consumers, it was not as strong as what investors may have hoped,” Rabobank strategist Bas van Geffen said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dump the EU... Embrace your sovereignty... Respect your country and yourself once again.

printing high share prices coming?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

European stocks head for lower open, shrugging off Chinese growth data that beat expectationsEuropean stocks are expected to open in negative territory on Thursday, failing to get a boost from Chinese growth data showing a rebound in the economy.
Source: CNBC - 🏆 12. / 72 Read more »