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المشهد العربي
European stocks hit three-month low
European stocks declined significantly on Tuesday, marking their lowest levels since late June, amid rising government bond yields in the eurozone and the United Kingdom. This came as geopolitical tensions increased in the Middle East, particularly affecting the energy sector. The 10-year German bond yields reached 3.562%, while UK gilts rose to 5.355%, reflecting concerns over persistent inflation linked to oil prices and the increased likelihood of central banks tightening monetary policy. The Stoxx Europe 600 index fell by 0.40%, the UK’s FTSE 100 by 0.35%, and Germany’s DAX by 0.25%. Economic repercussions continue to be felt, driven by rising grocery prices and expectations of more aggressive monetary policy measures.
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