Solid Gold Berjangka | European Markets Fall Further as Caution Lingers Around Global Stocks

07:28 18 August in Market, SOLID GOLD BERJANGKA | SOLID GROUP

European markets retreated on Friday, tracking cautious global sentiment as traders assess the future for monetary policy and fresh concerns about China’s real estate sector.

The pan-European Stoxx 600 index was down 0.4% in early trade, with retail stocks falling 0.9% to lead losses as most sectors and major bourses slid into the red.

The European blue chip index closed Thursday’s session down 0.9% and is on course for a negative week, after the U.S. Federal Reserve’s July meeting minutes showed further interest rate hikes were not off the table.

European stocks on Friday look set to follow counterparts in Asia-Pacific, where markets fell across the board as investors assessed Japan’s July inflation print and embattled Chinese real estate giant Evergrande’s U.S. bankruptcy filing.

The company sought protection under Chapter 15 of the U.S. bankruptcy code, which shields non-U.S. companies that are undergoing restructuring from creditors.

Source : CNBC

Stoxx 600 Indeks Stoxx Europe 600 SahamEropa

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