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The pointer fell "Stokes 600" The European Union increased by 4.4 percent during the week, to record its worst weekly performance since mid-June.
A survey showed that slowing business activity across Euro-zone This month has worsened and is likely to enter a recession as consumers curb spending in the midst of the rising cost of living crisis.
and heading Europe facing a harsh winter, as uncertainties over energy supplies paint a bleak picture of the recovery in economic activity.
In addition to this, the priority it attaches to it European Central Bank to control inflationBert Cullen, chief eurozone economist at Bank of England, said: "Which. that. J" An interest rate hike of another 75 basis points in October will be "surely" subtracted on the table.
Because of the weak data, the index fell "Stokes 600" By 2.3 percent in the last trading week, Friday, the main index in Germany also declined, "Dax" By 1.97 percent, its lowest level since November 2020.
and fell "Stokes 600" It has increased by 20 percent so far this year, further and further away from the record high levels achieved in January by nearly 20 percent.
With oil prices down 5 percent due to concerns about demand, shares of "baby" And"Total Energy" And"Shell" Among the worst performers.
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The pointer fell.Stokes 600The European rose by 4.4 percent during the week, to record its worst weekly performance since mid-June.
A survey showed that slowing business activity across Euro-zone This month has worsened and is likely to enter a recession as consumers curb spending in the midst of the rising cost of living crisis.
and heading Europe facing a harsh winter, as uncertainties over energy supplies paint a bleak picture of the recovery in economic activity.
In addition to this, the priority it attaches to it European Central Bank to control inflationBert Cullen, chief eurozone economist at ING Bank, said another 75 basis points hike in October would “definitely” be on the table.
Because of the weak data, the “Stoxx 600” index fell by 2.3 percent in the last trading of the week, Friday, and the main index in Germany, “Dax”, fell by 1.97 percent, its lowest level since November 2020.
The Stoxx 600 is down 20 percent so far this year, further and further away from the record highs it hit in January of nearly 20 percent.
With oil prices down 5 percent on demand concerns, BP, Total Energy and Shell were among the worst performers.