Europe: Equities open on mixed note
Add BT as a preferred source
EUROPEAN stock markets were mixed at the open on Tuesday (Jul 26) as investors remained cautious on the eve of another widely expected hefty US interest rate hike.
London's benchmark FTSE 100 index of major blue-chip companies rose 0.3 per cent to 7,328.86 points, compared with the closing level on Monday.
In the eurozone, Frankfurt's DAX index lost 0.3 per cent to 13,168.56 points and the Paris CAC 40 fell 0.3 per cent to 6,218.85.
The US Federal Reserve is widely tipped to hike borrowing costs by 0.75 percentage points on Wednesday as it battles soaring inflation.
US second-quarter gross domestic product data are due Thursday, with some observers warning it could show the world's biggest economy has entered recession. AFP
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
The S$1 million National Day paradox: ‘money dysmorphia’ amid a wealth surge
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
Why Asean matters more than ever to the UK and Singapore
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
