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European Market Updates

European Stocks Close Notably Lower On Growth Worries

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks ended on a negative note on Friday as signs of slowing global growth amid a surge in coronavirus cases in several countries across the world, and introduction of tighter regulations on technology firms in China hurt sentiment.

Recent weak retail sales and industrial production data out of China, and a drop in inflation in the U.S. have also raised concerns about growth.

Investors looked ahead to the monetary policy meetings of the Bank of England and the Federal Reserve, due next week.

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Market Analysis

Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.