European markets head for lower open as investors weigh economic outlook
Publishing timestamp: 2023-03-09 00:17:58
Summary
European markets are expected to open lower as investors react to comments from the U.S. Federal Reserve Chairman about potential interest rate hikes. Meanwhile, China's consumer price index for February came in lower than expected, and major cryptocurrencies like Bitcoin and Ether fell after Silvergate Capital announced it would shut down its operations. Some innovative stocks are still seen as a good investment, but overall market risks have increased. Earnings reports are expected from Aviva, Domino's Pizza, Hugo Boss, and Deutsche Post.
Sentiment: MIXED
Tickers: .FCHI, .STOXX, .GDAXI, BTC.CM=, .FTMIB, ETH.CM=, .FTSE,
Keywords: jerome powell, business news, stoxx 600, united states, breaking news: europe,
Source: https://www.cnbc.com/2023/03/09/european-markets-live-updates-stocks-data-news-and-earnings.html