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European Market Updates

European Shares Mixed Ahead Of US Inflation Data

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

European stocks traded mixed on Wednesday, with U.K. stocks declining as strong GDP data fueled rate hike bets.

Sentiment was underpinned elsewhere across Europe after China released positive trade figures.

Chinese export growth unexpectedly accelerated in September, providing some relief to those worried about a slowdown in the world's second-largest economy.

As concerns mount over high global inflation, traders await U.S. consumer price data later in the day for further direction.

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Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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