Sunday , April 11 2021

The European actions fall worried about the types of interest and the commercial dispute Talk in the market



European markets declined when the momentum of last week's recovery slowed down when investors worried about the rapid rise in interest rates in the United States and the trade dispute between Washington and Beijing.

The European index STOXX 600 fell 0.1% and most indexes closed almost unchanged.

Traders also had caution on the midterm elections in the United States. The results of the stress tests for European banks did not significantly affect the market, as the index of the European banking sector fell by 0.4%.

Barclays Bank of Britain and Société Générale of France were amongst those behind unexpected stress tests, but their stock movements were limited.

Barclays Bank fell by 0.5%, while Société Générale de Francia rose 0.3%.

Telent dropped 5.4 percent after Bank of America Merrill Lynch reduced its price per share.

On the positive side, Dutch FOBAC rose 5%, while Siemens Healthcare rose 2.8% after the company expected higher profits next year.

Throughout Europe, FTSE 100 rose by 0.1%, CAC 40 from France earned 0.02% and Germany's DAX <.DXI> lost 0.2%.


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