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HomeWorld NewsEurozone inflation data takes center stage | Real Time Headlines

Eurozone inflation data takes center stage | Real Time Headlines

On January 3, 2017, traders sat in front of the trading screen at ETX Capital in central London. , and then fell back from the highest level in 2017.

Daniel Leal | AFP | Getty Images

LONDON – European markets opened lower on Thursday as investors looked ahead to the latest euro zone inflation data and considered the latest key earnings reports from the region.

Shortly after markets began trading, the pan-European Stoxx 600 index last fell 0.58%, with most sectors and major regional exchanges opening negative.

The much-watched preliminary euro zone inflation data for October will inform the European Central Bank of the trajectory of expected interest rate cuts.

flash economic data Data released on Wednesday showed that the euro zone economy grew by 0.4% in the third quarter of 2024, higher than the 0.2% growth expected by economists polled by Reuters.

More gains on Thursday shell, star, Maersk, Anheuser-Busch InBev and Carlsberg Report.

British bank shares rose on Wednesday afternoon after it appeared the Labor government’s first budget in nearly 15 years would not tax the industry’s profits. Britain’s Rachel Reeves made no mention of whether the government plans to raise taxes on the country’s banks, amid a raft of tax increases announced.

U.S. stocks slumped on Wednesday as traders digested a slew of earnings results and data showing economic growth. Slower than expected In the third season. GDP grew at an annualized rate of 2.8%, while economists surveyed by Dow Jones had expected growth of 3.1%.

overnight, U.S. stock futures fall although Asia Pacific market Stocks fell as investors reacted to the Bank of Japan keeping interest rates unchanged and key business activity data from China.

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