Home » today » Business » Stock Market Update: London, Paris, Madrid, and Milan Close Down while Frankfurt Stays Positive with UBS Rally

Stock Market Update: London, Paris, Madrid, and Milan Close Down while Frankfurt Stays Positive with UBS Rally

London closed down by 0.45%, Paris by 0.65%, Madrid by 0.34%, Milan by 0.29% and Frankfurt is the only stock exchange that managed to stay positive (+0, 35%). Thus the UBS rally (+6%) goes under the radar, overshadowed by fears for the report on employment in the US which will be released tomorrow. In the meantime, analysts point out, inflation in the Eurozone has stopped slowing down, bringing the focus back to the issue of rates that the ECB could decide to raise again.

2023-08-31 16:15:37
#Stock #market #Europe #fear #inflation #returns

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.