Home Business European stock exchanges open in negative and accentuate losses after the SME indices. Oil down

European stock exchanges open in negative and accentuate losses after the SME indices. Oil down

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European stock exchanges open in negative and accentuate losses after the SME indices.  Oil down

European stock exchanges accentuate losses after the publication of the Eurozone manufacturing indexes which have disappointed expectations and fell beyond expectations. In London, the FTSE 100 drops 0.80%. In Frankfurt the Dax falls by 1.31%, in Paris the Cac 40 falls by 1.15% and in Madrid the Ibex-35 leaves 0.91% on the ground. In Milan, the Ftse Mib scores -1%. Investors’ eyes are once again on the speech of Fed number one, Jerome Powell, who will return to speak in front of the House today and yesterday reiterated that the central bank “will continue to raise interest rates until prices rise. it will not begin to decline. ” But he is also looking at the June indicators of the manufacturing sector both in the Eurozone and in the United States. – Oil continues its moment of weakness, which yesterday triggered the violent decline of the first part of the day on the European stock exchanges: WTI crude oil is traded on the electronic markets around 104 dollars a barrel, down by 1.4% compared to at the close of the eve

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