LONDON (IT BOLTWISE) – European stock markets are under pressure as interest rate worries and profit-taking weigh on the markets. Despite a positive start to the week, sentiment remains tense as investors speculate on possible interest rate cuts by the US Federal Reserve in December. The EuroStoxx 50 recorded a decline, but managed to end the week with a gain.
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European stock markets are currently in a downward trend, fueled by concerns about possible interest rate cuts and profit-taking. Despite a promising start to the week, market momentum remains subdued as investors lock in profits and look ahead to Federal Reserve decisions in December. These uncertainties are weighing on sentiment, although the EuroStoxx 50 recorded strong gains in the first half of the week.
The EuroStoxx 50, the euro zone’s leading index, fell by 0.85 percent to 5,693.77 points after losing its initial highs the day before. Nevertheless, the index was able to end the week with an increase of 2.3 percent, which is mainly due to its strong performance at the beginning of the week. This development shows that the markets are able to stabilize despite the current challenges.
The effects are also noticeable outside the eurozone. The Swiss leading index SMI recorded a decline of 0.84 percent to 12,634.30 points in Zurich. The expected tariff reduction by the USA, which was set at 15 percent, failed to give the market a positive impulse. In London, the FTSE 100 even lost 1.11 percent and closed at 9,698.37 points. The British government added to worries about public finances with plans to increase income tax, further worrying investors.
The current market situation shows how sensitively the stock markets react to economic policy decisions. Uncertainty about the US Federal Reserve’s future interest rate policy and economic measures in the UK are adding to the volatility. Experts emphasize that markets could continue to be influenced by these factors in the coming weeks, requiring close monitoring of political and economic developments.
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