News Formal

Europe stocks open lower after BOE rate hold, Swiss cut; UK retail sales beat forecast

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 70%
  • Publisher: 72%

Interest Rates Nyheter

Central Banking,STOXX 600,Economic Events

European stocks opened lower Friday as investors monitor a slew of central bank decisions and data releases.

Jack Taylor | Getty Images News | Getty Imagesindex was down 0.3% in early deals, though sector movements were muted. Retail and technology stocks led losses, both down 0.5%.announced

it would cut interest rates by 0.25 percentage points to 1.25%. The SNB became the first major central bank to cut rates during this cycle back in March.at a 16-year high of 5.25%. Economists largely detected a dovish undertone to policymakers' latest messaging, as they described a "finely balanced" decision not to cut, though by Friday money market bets on an August rate cut had fallen back down to around 40%.

"After a slow start to the year, retailers can take comfort in retail sales recovering just in time for summer — a time when major sporting events, from the EUROs to the Olympics, will also likely improve the trading environment," Deann Evans, EMEA managing director at Shopify, said., which held steady for a third straight month, and German and British flash purchasing managers' index figures across manufacturing and services.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

European stocks edged higher; BOE meeting, inflation data due this weekEuropean stocks edged higher; BOE meeting, inflation data due this week
Källa: Investingcom - 🏆 450. / 53 Läs mer »

European stocks slump after European vote, shock French electionEuropean stocks slump after European vote, shock French election
Källa: Investingcom - 🏆 450. / 53 Läs mer »

European stocks lose steam after European Central Bank cutEuropean stocks moved lower on Friday, after closing at a record high during the previous session.
Källa: NBCNewYork - 🏆 270. / 63 Läs mer »

European stocks open marginally higher after European Central Bank cutEuropean stocks opened slightly higher on Friday, after closing at a record high during the previous session.
Källa: CNBC - 🏆 12. / 72 Läs mer »