16 Hrs
Source:
المشهد العربي
European stocks move ahead of inflation report
European stocks experienced volatility at the start of Wednesday's session, as markets were influenced by UK inflation data and anticipation of the final inflation figures for the Eurozone in May. Meanwhile, Barclays Bank raised its forecast for the Stoxx Europe 600 index to 670 points, supported by falling oil prices and positive progress in US-Iran negotiations, which reduces the likelihood of a recession. The Stoxx Europe 600 index closed with a modest gain of 0.1%, reaching 636 points, while the German DAX index declined by 0.22% to 24,861 points.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)