European markets close lower as Davos kicks off; German GDP falls 0.3% in 2023
Publishing timestamp: 2024-01-15 11:39:43
Summary
The article discusses the negative impact on European stocks due to the upcoming World Economic Forum in Davos, Switzerland. It mentions the contraction of the German economy, the topics expected to be discussed at the forum, and the potential for rate cuts by the European Central Bank. It also touches on other topics such as China's central bank rate decision, cocoa prices, and Goldman Sachs' outlook on the utilities sector.
Sentiment: MIXED
Tickers: .GDAXI, .FTMIB, .STOXX, .FTSE, .FCHI,
Keywords: switzerland, emmanuel macron, stoxx 600, davos, business news, breaking news: europe,
Source: https://www.cnbc.com/2024/01/15/european-markets-live-updates-stocks-news-data-davos.html