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European Market Updates

European Shares Poised For Firm Start

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

European stocks may open a tad higher on Thursday, with inflation concerns and fears of default emanating from Evergrande and Kaisa likely to keep underlying sentiment cautious.

Consumer inflation in China picked up to its highest level in over a year in November, while the country's factory inflation slowed down slightly in the month from a 26-year high, official data showed earlier today.

Meanwhile, as Germany, France and the U.K. re-impose virus-led activity restrictions, a study by a Japanese scientist revealed that the Omicron variant of Covid-19 is 4.2 times more transmissible in its early stage than delta.

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Market Analysis

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.