European shares hold near 3-month highs as business activity slowdown eases

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

European stocks were pinned near three-month highs as data showed a downturn in euro zone business activity eased slightly in November while rallying commodity shares offset losses in Credit Suisse following its profit warning. | Reuters

The survey, however, also showed overall demand continued to decline as consumers cut spending amid a cost of living crisis.

The Fed’s November meeting minutes, due at 1900 GMT, will offer fresh clues on the path of interest rates. Traders have currently priced in a 77 percent chance that the U.S. central bank will hike rates by 50 basis points in December.

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:

 /  🏆 3. in MY
 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines