Interest rate and inflation concerns drag Europe’s markets lower
2 years, 11 months ago

Interest rate and inflation concerns drag Europe’s markets lower

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Markets across Europe drifted into the red as concerns over soaring inflation and higher interest rates held trading back. The FTSE 100 has slipped back but is performing better relative to its European peers, due to outperformance from the energy sector, helped by crude oil prices pushing up to another seven-year high Michael Hewson, CMC Markets Michael Hewson, chief market analyst at CMC Markets, said: “Having been dragged lower yesterday by the big tech-induced sell-off in US equity markets, European stocks initially opened higher in the wake of last night’s after-hours surge in US markets. “The FTSE 100 has slipped back but is performing better relative to its European peers, due to outperformance from the energy sector, helped by crude oil prices pushing up to another seven-year high,” he said on Friday afternoon. In company news, Upper Crust owner SSP Group nudged higher after it said its recovery is still on track despite seeing January sales dented by the spread of the Omicron coronavirus variant.

History of this topic

Dollar rebounds from inflation data drop, euro dips
2 weeks, 2 days ago
FTSE inches higher despite caution after jump in UK inflation
3 weeks ago
Euro rebounds as French bonds stabilize; bitcoin jumps past $100,000
1 month ago
FTSE 100 inches higher as global markets cautious ahead of US election
2 months ago
European markets finish lower as car manufacturers struggle
3 months, 1 week ago
FTSE 100 nudges up on higher Fed rate cut hopes
3 months, 3 weeks ago
FTSE 100 makes strong gains as European markets bounce back
5 months ago
Inflation ticks up in Europe, complicating the European Central Bank’s next move
5 months, 1 week ago
Inflation ticks up in Europe, complicating the European Central Bank's next move
5 months, 1 week ago
London markets weaken as oil prices slip
5 months, 2 weeks ago
Europe's central bank hits pause on rate cuts as inflation takes its sweet time to come down to 2%
5 months, 3 weeks ago
Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts
6 months ago
Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts
6 months ago
Stock market today: Global stocks are mixed after Wall Street edges to more records
6 months, 2 weeks ago
London markets in red as housebuilders and North Sea energy firms fall
6 months, 3 weeks ago
FTSE 100 finishes in the red after commodity weakness
7 months ago
European stocks buoyed as Bank of England signals it is closer to cutting rates
7 months, 4 weeks ago
European stocks fall after central bank holds interest rates steady
8 months, 4 weeks ago
Inflation has slid again in Europe. Here’s what that means for interest rates
9 months ago
FTSE 100 drops as interest rate concerns weigh on housebuilders
10 months, 3 weeks ago
Inflation in Europe edges down again. But will Houthi attacks on ships spoil the relief?
11 months, 1 week ago
Stock Market Rebounds: Sensex Gains 690 Points; Nifty Tops 21,450 Amid Volatility. Tata Steel Up 3.8 Per Cent
11 months, 2 weeks ago
Stock markets tumble in early trade: Sensex falls 316 points, Nifty declines 51 points to 21,187
11 months, 2 weeks ago
Global stock markets slump as US data shows economic activity cooling
1 year ago
US inflation figures put spring back in the step of global markets
1 year, 1 month ago
London markets open week higher as finance and oil firms strengthen
1 year, 1 month ago
Europe’s inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
1 year, 2 months ago
FTSE 100 moves higher after UK economy rebounds in August
1 year, 2 months ago
Inflation drops to a two-year low in Europe. It offers hope, but higher oil prices loom
1 year, 3 months ago
Europe’s inflation held steady in August as European Central Bank keeps an open mind on rates
1 year, 4 months ago
FTSE rises as pound sinks to 10-week low against dollar
1 year, 4 months ago
FTSE 100 rebounds on back of commodities after seven-day losing streak
1 year, 4 months ago
London markets inch lower as housing firms drive drop
1 year, 4 months ago
FTSE 100 falls to new month-low as bond yields climb
1 year, 4 months ago
FTSE swings higher on hopes of cooling inflation
1 year, 4 months ago
FTSE rallies as housebuilders buoyed by inflation fall
1 year, 5 months ago
Europe inflation slips to 5.5% — but that won't stop central bank rate hikes
1 year, 6 months ago
European markets drop as US debt battle drags on
1 year, 7 months ago
Pound leaps further as European markets boosted by US job figures
1 year, 8 months ago
Europe’s inflation inches up ahead of interest rate decision
1 year, 8 months ago
FTSE rally continues amid cooling inflation in Europe
1 year, 9 months ago
FTSE positive as commodities gain and banking firms steady
1 year, 9 months ago
FTSE 100 strikes record close price as European markets jump
1 year, 10 months ago
European inflation eases for 3rd month but prices still bite
1 year, 11 months ago
FTSE 100 edges towards record levels after further gains
1 year, 11 months ago
Inflation drops sharply in Europe but some prices are still rising faster
2 years ago
FTSE positive at close amid Chinese relaxation of Covid curbs
2 years, 1 month ago
Inflation in Europe drops for the first time in 17 months
2 years, 1 month ago
Eurozone inflation falls for first time in 17 months
2 years, 1 month ago
Inflation in Europe eases but is still in painful double digits
2 years, 1 month ago

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