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European Shares To Open Lower On US Rate Worries

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

European stocks are seen opening on a cautious note Wednesday as fresh signs of economic strength stoked concerns that U.S. monetary policy will remain restrictive for longer.

Asian markets were broadly lower, with Japan's Nikkei index falling around 2 percent after suspected intervention by Japanese authorities to combat a sustained depreciation of the yen.

In economic releases, Eurozone retail sales and producer price data for August along with final purchasing managers' index figures for September may attract investor attention later in the day.

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