[Europe Midday] Resurrected Tightening Fear... UK Drops by Over 1%

Published 22 Feb.2023 17:58(KST)

[Asia Economy Reporter Minji Lee] Ahead of the release of the February US FOMC (Federal Open Market Committee) minutes, concerns over tightening have intensified, causing major European stock markets to decline.

As of 5:56 PM on the 22nd (Korean time), the UK FTSE index is trading down 1.0% (79.90 points) at 7997.85.

The German DAX index is pointing to 15,277.97, down 0.78% from the previous trading day, and the Italian FTSE MIB index showed a decline of 0.95% to 27,149.61. The French CAC index also fell 0.86% to 7,254.48 compared to the previous day.