European stocks mixed; benign inflation data helps FTSE outperform

Investing.com - European stock markets traded in a mixed manner Wednesday as investors digested more corporate news, while benign inflation data helped the UK markets outperform.The UK’s inflation rate fell to 1.7% on an annual basis, below the forecast 1.9% and the 2.2% recorded a month earlier.

These numbers added to data earlier in the week that showed British pay grew at its slowest pace in more than two years in the three months to August, suggesting theis also expected to ease monetary policy once more on Thursday, with eurozone business activity unexpectedly contracting in September and inflation falling below the central bank’s target.

South Africa South Africa Latest News, South Africa South Africa Headlines

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

European stocks mixed; US inflation, Chinese stimulus in focusEuropean stocks mixed; US inflation, Chinese stimulus in focus
Source: Investingcom - 🏆 450. / 53 Read more »

European Stocks Set for Mixed Start as China Debt Hints Fuel OptimismEuropean markets are poised for a mixed opening on Monday, lacking clear direction after last week's volatility. Meanwhile, China's finance minister hinted at increased debt issuance to bolster the economy, sparking optimism. In the U.S., investors await crucial corporate earnings reports that could drive the market further upwards.
Source: nbcchicago - 🏆 545. / 51 Read more »