European stocks mark seventh straight month of gains | Malay Mail

FRANKFURT, Sept 1 ― European stocks fell yesterday as a spike in inflation caused jitters about a possible shift in monetary policy, but nevertheless rose nearly 2 per cent in August on strong quarterly earnings and optimism over an economic recovery.

Regional stocks had shed early gains yesterday after data showed inflation surged to a 10-year high in August, with further rises likely challenging the European Central Bank's benign view on price growth. Basic resources stocks were the worst performers in August, down 4.2 per cent as wild swings in metal prices saw investors pull out of the sector, which has otherwise performed well through the year.

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European stocks hold firm near record highs | Malay MailLONDON, Aug 30 — European stocks inched higher today, holding below record highs scaled earlier this month, as hopes that continued central bank support would sustain an economic recovery offset woes around the Delta variant of the coronavirus. UK markets were closed for a bank holiday, while...
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