European Shares Creep Lower Ahead of Central Bank Speeches - News Summed Up

European Shares Creep Lower Ahead of Central Bank Speeches


European stocks started the week mostly down after closing in the red Friday as investors appeared increasingly concerned over the U.S. tax-overhaul plan. The Stoxx Europe 600 was 0.5% lower near midday, led by losses in financial services and mining. European markets opened lower, led by losses in banking and financial services. Among this week’s highlights will be speeches by central bank leaders, with European Central Bank President Mario Draghi and Federal Reserve Chairwoman Janet Yellen both set to speak Tuesday. The 10-year Treasury yield moved slightly lower Monday to trade at 2.374% according to Tradeweb, compared with Friday’s close of 2.397%.


Source: Wall Street Journal November 13, 2017 01:41 UTC



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