Reply To: Traders Market Weekly: Valuation Matters in Earnings Season

#39741
Truman
Participant

Major European indices trade in the red amid ongoing worries about global growth.

Dutch farmer protests against stricter environmental rules grew over the weekend.
Norwegian oil and gas workers went on strike, demanding higher pay.
NATO allies signed accession protocols for Finland and Sweden.
European Central Bank policymaker De Guindos said that the size of the September rate hike will depend on the updated medium-term inflation outlook.

—Equity Markets—

STOXX Europe 600: -1.8%
Germany’s DAX: -2.5%
U.K.’s FTSE 100: -2.1%
France’s CAC 40: -2.6%
Italy’s FTSE MIB: -2.3%
Spain’s IBEX 35: -1.8%