European stocks slip lower; U.K. economy contracted more than expected
dropped 0.8%, highlighting the difficulties the country’s industrial base was having, but all major sectors of the economy - services, manufacturing and construction - declined during the month.is still widely expected to raise interest rates to 5.5% from 5.25% next week, with wage growth showing few signs of slowing, but this economic slowdown raises the possibility that this hike could mark the end of a tightening cycle which began in December 2021.
The ECB has raised rates at each of its past nine meetings and another increase of 25 basis points would lift the key deposit rate to 4%.is due for release later in the session, and is expected to have fallen 0.7% on the month, a drop of 0.3% on an annual basis.However, the day’s key economic data release will come from the U.S., in the form of the August consumer price index.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
European stock futures lower; U.K. economy contracted in July By Investing.comEuropean stock futures lower; U.K. economy contracted in July
Weiterlesen »
European stock futures steady; Spanish inflation to provide ECB clues By Investing.comEuropean stock futures steady; Spanish inflation to provide ECB clues
Weiterlesen »
Inflation Promises Twist: CPI to Rise, Core CPI to FallMarket Overview Analysis by Investing.com (Francesco Casarella) covering: . Read Investing.com (Francesco Casarella)'s latest article on Investing.com
Weiterlesen »
Dow futures drift lower; Oracle slumps on weak guidance, Apple event eyed By Investing.comDow futures drift lower; Oracle slumps on weak guidance, Apple event eyed
Weiterlesen »
Stock Market Today: Dow rides tesla, big tech gains higher; Apple event eyed By Investing.comStock Market Today: Dow rides tesla, big tech gains higher; Apple event eyed
Weiterlesen »
Tesla rallies as Morgan Stanley upgrades to Top Pick on Dojo supercomputer boost By Investing.comTesla rallies as Morgan Stanley upgrades to Top Pick on Dojo supercomputer boost
Weiterlesen »