European stocks are anticipated to open with mixed results on Tuesday, influenced by lingering economic uncertainty and concerns regarding Europe's growth prospects. This follows a decline in UniCredit shares after German Chancellor Olaf Scholz criticized the bank's recent actions.
LONDON — European stocks are expected to open in mixed territory Tuesday as economic uncertainty and concerns over Europe's growth outlook return to the fore.24/7 New York news stream: Watch NBC 4 free wherever you areTuesday after the stock fell around 5.7% Monday after German Chancellor Olaf Scholz criticized what he described as UniCredit's"hostile" and"unfriendly" move on the bank, Reuters reported.
9%, signaling a takeover bid might be on the cards.Asia-Pacific marketsfor banks by 50 basis points, although it did not provide a specific timeline. It also announced it would cut the seven-day reverse repurchase rate from 1.7% to 1.5%,The gains were modest but appeared to be a continuation of last week's rally after the U.S. Federal Reserve cut interest rates by half a percentage point. The fed funds rate now sits at a range of 4.75% to 5.
European Stocks Economic Uncertainty Growth Outlook Unicredit Market Volatility
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks mixed; PMIs, Commerzbank in spotlightEuropean stocks mixed; PMIs, Commerzbank in spotlight
Read more »
Paris to inaugurate Paralympic Games with 'never seen before' opening ceremony in city's heartParis is set to kick off the Paralympic Games with a 'never seen before' opening ceremony. Here's what to expect.
Read more »
Paris to inaugurate Paralympic Games with 'never seen before' opening ceremony in city's heartJust weeks after hosting the Olympics, the summer of sports in Paris begins its final chapter with the opening ceremony of the Paralympic Games. More than 4,000 athletes with physical, visual and intellectual impairments will compete in 22 sports over the next 11 days. Organizers are promising a spectacular show to open the Games.
Read more »
European Stocks Mixed Ahead Of US Fed And Bank Of England DecisionsEuropean stocks were mixed on Monday as investors prepared for a crucial week of interest rate decisions from the U.S. Federal Reserve and the Bank of England.
Read more »
Paris to inaugurate Paralympic Games with 'never seen before' opening ceremony in city's heartJust weeks after hosting the Olympics, the summer of sports in Paris begins its final chapter with the opening ceremony of the Paralympic Games.
Read more »
Paris to inaugurate Paralympic Games with ‘never seen before’ opening ceremony in city’s heartMore than 4,000 athletes with physical, visual and intellectual impairments will compete in 22 sports over the next 11 days.
Read more »