[Europe Open] Early Decline Amid US Tapering Focus
On the 26th (local time), major European stock markets are showing a decline across the board in early trading due to concerns over the spread of COVID-19 and the US tapering (reduction of asset purchases).
As of 11 a.m. UK time, the FTSE index is trading at 7220.33, down 0.42% from the previous close. The French CAC 40 index is down 0.40% at 6650.62.
The German DAX index is moving around the 15,752 level, down 0.67% compared to the previous day.
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Investors appear to be minimizing movements ahead of the speech by Jerome Powell, Chairman of the US Federal Reserve (Fed), at the Jackson Hole Symposium.
This content was produced with the assistance of AI translation services.
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