European stocks slip lower; German inflation rises above 2%
Investing.com - European stock markets slipped lower Tuesday as investors digested fresh regional employment and inflation data as well as quarterly earnings from some major companies.Investors will return to scrutinizing fresh economic data this week, after the political turmoil of last week, starting with an inflation reading from Germany and UK employment data, released earlier Tuesday., harmonized to compare with other European Union countries, rose to 2.
Signs of a cooling labor market come after Britain's economy grew in August following two consecutive months of stagnation, and after theStill, sentiment remains on edge, with investors wary of the ramifications of President-elect Donald Trump’s return to the White House, particularly given his proposed policy of tariffs, potentially resulting in a trade war.
China unveiled a 10-trillion-yuan debt package on Friday to ease local government financing strains, but the measure is expected to provide little direct support to the economy.
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