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European Shares Subdued Ahead Of Fed Rate Cut Decision

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

European stocks were subdued on Wednesday after recent comments from European Central Bank officials suggested a pragmatic, wait-and-see approach.

Investors also braced for the Federal Reserve's final decision of the year on interest rates after better-than-expected job-market figures underscored a still resilient labor market.

The pan European Stoxx 600 was down 0.1 percent at 576.94 after ending 0.1 percent lower in the previous session.

The German DAX and France's CAC 40 both dipped by 0.3 percent while the U.K.'s FTSE 100 was little changed.

TUI AG shares tumbled 3 percent. The holiday giant forecast more modest sales growth in the year ahead against a challenging trading backdrop.

Mining giant Anglo American rose about 1 percent after its shareholders voted overwhelmingly in favor of a merger of equals with Canadian miner Teck Resources Limited.

Insurer Aegon plummeted 8 percent following an announcement that it would relocate its legal domicile and head office to the United States.

Berkeley jumped 2 percent. The homebuilder maintained its full-year pre-tax profit guidance for fiscal 2026 despite posting weaker interim revenues and profits.

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Business News

Global Economics Weekly Update - December 15-19, 2025

December 19, 2025 15:10 ET
U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.