European stocks close higher in busy week for global economic data; miners up 2.4%
Publishing timestamp: 2023-09-11 11:52:04
Summary
The article discusses the performance of European stock markets, upcoming economic data releases, and the outlook for various companies. It mentions positive developments such as the rise in mining stocks and the positive results from a late-stage trial for AstraZeneca's drug. However, it also highlights concerns about U.S. inflation data, the possibility of a rate hike by the European Central Bank, and a potential recession in Germany. The article also mentions the performance of Chinese stock markets and the surprise move by Alibaba's outgoing CEO.
Sentiment: MIXED
Tickers: ZE594-CN, .FCHI, PSN-GB, AAL-GB, CME, RIO-GB, BABA, VTY-GB, .STOXX, BDEV-GB, .FTMIB, .GDAXI, ANTO-GB, .FTSE, TW.-GB,
Keywords: rio tinto plc, breaking news: europe, stoxx 600, prices, anglo american plc, business news, economic events, united states, cme group inc,