Europe: Stocks steady at open, before US inflation
EUROPEAN stock markets steadied at the open on Tuesday (Sep 13) with all eyes on the latest US inflation print.
London’s benchmark FTSE 100 index dipped 0.1 per cent to 7,464.30 points.
In the eurozone, Frankfurt’s DAX index rose 0.1 per cent to 13,409.04 points and the Paris CAC 40 gained 0.2 per cent to 6,347.19.
Markets are sitting tight before an update on US inflation numbers due Tuesday that should provide clues on the size of the Federal Reserve’s next interest rate hikes aimed at cooling runaway prices. 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
Jardine C&C selling Singapore, Malaysia dealerships to Indonesia’s Chandra Asri for US$221 million gain
Singapore’s AI boom is lifting GDP. Who gets carried along?
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
From sales executive to DBS chairman: A look at banking veteran Peter Seah’s career