European stocks slip after disappointing Eurozone manufacturing PMI data By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

*EUROPEAN STOCKS FALL ACROSS THE REGION AMID GROWING RATE HIKE FEARS - 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇬🇧

These disappointing numbers come after the Eurozone economy unexpectedly grew in the final quarter of 2022, and suggest theThere also remains a degree of caution within the markets as Russian President Vladimir Putin makes a speech as his invasion of Ukraine enters a second year.

In the corporate sector, HSBC stock fell 1.9% despite Europe’s largest bank reporting a sharp jump in its fourth-quarter profit earlier Tuesday. The lender also signaled the windfall from rising interest rates had peaked, while it had taken a $300 million loss on the expected sale of its Russian business.

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:

 /  🏆 450. in MY
 

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

😶

It's concerning to see European stocks fall across the region due to growing rate hike fears. Let's hope for a swift recovery. EuropeanStocks RateHikeFears

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 shares flat as Telecom Italia drags eurozone stocksEuropean shares were flat on Monday, with the sustained gains in miners on bets of a demand recovery in China countering a fall in Telecom Italia that led the decliners in eurozone stocks.
Source: Reuters - 🏆 2. / 97 Read more »