By Bansari Mayur Kamdar (Reuters) -European shares eased on Monday, after sharp gains last week, as investors braced for a week packed with global central ...
- European shares opened slightly weaker on Monday after sharp gains last week, as investors braced for a week packed with central bank meetings including rate decisions from Norway, Sweden,aFrite Restaurant's Fight for Survival: little Halifax versus Halifax's little Toronto | SaltWire -European shares eased on Monday, after sharp gains last week, as investors braced for a week packed with global central bank meetings, including rate decisions from Norway, Sweden, Switzerland, the UK...
Global central banks will take centre stage this week after the European Central Bank signalled an end to rate hikes last week. The Bank of England is likely to hike rates for the 15th time later in the week, while the Federal Reserve seems set for a hawkish pause. "The CPI data which comes just a day before the MPC meeting could sway the decision if it surprises strongly."Markets remained cautious as euro zone bond yields edged higher after hawkish remarks from some ECB officials post their rate decision.
Nordic Semiconductor ASA shed 13.2% to drop to the bottom of the STOXX 600 after cutting its revenue guidance for the third quarter. Peer Fingerprint Cards fell 5.8%.
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