European markets close 1.2% lower with the Fed in the spotlight; SocGen down 12%
Publishing timestamp: 2023-09-18 11:52:44
Summary
The article discusses the sharp decline in European stock markets at the start of the trading week due to investors anticipating central bank decisions. It mentions upcoming decisions by the U.S. Federal Reserve, Australia's central bank, the Swiss National Bank, the Bank of Japan, and the People's Bank of China. It also mentions the European Central Bank's recent interest rate hike and comments from the Slovakian central bank chief. The article briefly mentions U.S. stock market performance, oil prices, and changes in U.K. property prices. It also mentions specific companies such as Lonza, Ocado, and Societe Generale. The article concludes with a mention of the University of Michigan's consumer sentiment survey and expectations for European markets to open in negative territory.
Sentiment: NEUTRAL
Tickers: LBRT, .STOXX, .FCHI, OCDO-GB, GLE-FR, .FTSE, DRQ, .FTMIB, .DJI, LON.N-CH, @CL.1, @LCO.1, RIG, .GDAXI, .SPX, .IXIC, OIH,
Keywords: stoxx 600, business news, lonza group ag, prices, societe generale sa, ocado group plc, breaking news: europe, economic events,
Source: https://www.cnbc.com/2023/09/18/european-markets-live-updates-stock-moves-data-and-earnings.html