European Market Updates

European Shares Recover After Early Dip

European stocks were moving in a narrow range on Monday, as investors braced for a busy week of corporate earnings and a policy meeting of the U.S. Federal Reserve, with economists expecting a 75-bps point hike to combat inflation.

Closer home, hawkish ECB policymaker Robert Holzmann told the Austrian public broadcaster ORF on Sunday that the Governing Council will consider the economic landscape across the euro zone before deciding on the next tightening step in September.

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by RTTNews Staff Writer

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