Markets Uneasy as Central Banks Mull Rate Hikes Amid Economic Turmoil

FTSE and European markets fall as central banks meet to discuss interest rates this week
UK manufacturing sector stalling investment and hiring due to economic uncertainty
Bank of England expected to hike interest rates to 5.50% according to think tank
UK rents up 12% in August compared to last year, highest on record
Asia markets mixed ahead of central bank meetings, Evergrande shares dip after staff detained

yahoo.com

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9/12/2023

Markets Cautious Ahead of Key Central Bank Meetings; UK Labor Market Cools While Spain Sees Higher Inflation

European stock markets traded mixed as investors analyzed UK jobs and Spanish inflation data ahead of the upcoming European Central Bank meeting, while oil prices rose amid anticipation of the monthly OPEC report and Chinese demand forecasts.

9/19/2023

Markets Cautious Ahead of Central Bank Meetings; Retail Drops While Energy Rises

European markets were mixed as investors awaited the U.S. Federal Reserve's monetary policy meeting and assessed the central banks' stance on inflation, with retail stocks making the biggest losses while autos and oil and gas were up.