European Shares Mixed Amid Recession Worries

European shares traded mixed on Wednesday as weak trade data from China overshadowed investor optimism over easing of COVID curbs in the country.

The dollar climbed in early European trade, as top U.S. banks warned of a recession in 2023 and better-than-expected data from the U.S. services sector rekindled expectations for rapid rate rises from the Federal Reserve.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More