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European Market Updates

European Shares Extend Losses As Growth, Rate Worries Weigh

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

European stocks traded lower on Friday to extend recent losses amid concerns over increasing Sino-U.S. tensions, slowing global growth and uncertainty over the path of U.S. monetary policy.

On a light day on the economic front, data showed German inflation slowed marginally in August as estimated but the rate remained elevated due to the increases in energy and food prices.

Consumer price inflation slowed to 6.1 percent in August from 6.2 percent in July, according to final data from Destatis.

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Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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