European Stocks Struggle as Investors Await Inflation Data

===============

#b9c27144 ver:0.64

European stocks struggled for momentum as investor focus turned to more U.S. data. Traders are awaiting U.S. producer prices and retail sales data to gauge the resilience of the U.S. economy. Stock futures pointed higher as investors awaited the producer-price index data. Robinhood Markets rose 11% after reporting increased trading volumes. United States Steel rose 3.7% after dropping 13% due to concerns over President Biden's intervention in its planned takeover. U.S. retail sales data could impact the dollar's movement against other currencies. Shell plans to loosen its target for carbon-emission cuts. The International Energy Agency raised its forecast for oil-demand growth but cut estimates for global supply. The Biden administration is providing a $2.26 billion loan to America's bigge...

#newstr #EuropeanStocks #UsData #UsEconomy #ProducerPrices #RetailSales #RobinhoodMarkets #UnitedStatesSteel #Dollar #Shell #CarbonemissionCuts #OildemandGrowth #GlobalSupply #BidenAdministration #LithiumMining #CreditSuisse #Rheinmetall #Hapaglloyd #ContainershippingIndustry #Bmw #Gamestop #EurozoneGovernmentBonds #Ubs #Apollo #Hennes&Mauritz #DsSmith #Airbus #Riksbank #Ireland'sEconomy #CrudeFutures #BaseMetals #IronOrePrices

https://here.news/story/b9c27144?ver=0.64

Reply to this note

Please Login to reply.

Discussion

No replies yet.