Weak earnings drag European stocks lower ahead of ECB meeting

Malaysia News News

Weak earnings drag European stocks lower ahead of ECB meeting
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

European shares eased from one-month highs on Thursday as a batch of weak earnings and mixed economic data from China dented sentiment, while investors waited to hear from the European Central Bank.

Dutch beer maker Heineken NV slid 2.6% as its first-half net revenue fell 16.4% due to coronavirus-related lockdowns.

“The data that came out from China was not terrible by any means, but if you look at consumers, it was not as strong as what investors may have hoped,” Rabobank strategist Bas van Geffen said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China's economy rebounds after steep slump, weak demand, U.S. tensions raise risksChina's economy rebounds after steep slump, weak demand, U.S. tensions raise risksChina's economy returned to growth in the second quarter after a deep slump at the start of the year, but unexpected weakness in domestic consumption underscored the need for more policy support to bolster the recovery after the shock of the coronavirus crisis.
Read more »

Dollar climbs as traders focus on weak Chinese retail salesDollar climbs as traders focus on weak Chinese retail salesThe U.S. dollar strengthened on Thursday as investors focused on poor Chinese retail sales instead of its stronger than expected economic growth last quarter, with the focus now shifting more to a European Union summit this weekend.
Read more »

China's economy rebounds after steep slump, U.S. tensions, weak consumption raise challengesChina's economy rebounds after steep slump, U.S. tensions, weak consumption raise challengesChina's economy returned to growth in the second quarter after a deep slump at the start of the year, but domestic consumption and investment remained weak as the shock from the coronavirus crisis underscored the need for more policy support to bolster the recovery.
Read more »

Dollar firms as weak China retail sales sound warningDollar firms as weak China retail sales sound warningThe dollar found support on Thursday as simmering Sino-U.S. tensions and weak Chinese consumption data knocked investors' faith in a fairly swift global economic recovery from the coronavirus crisis.
Read more »

What Are the Symptoms of Having a Weak Pelvic Floor? We Asked 4 Experts to ExplainWhat Are the Symptoms of Having a Weak Pelvic Floor? We Asked 4 Experts to ExplainA weak pelvic floor can impact many aspects of your life, regardless of your gender. It makes sense — as part of your deep core, the pelvic floor has a
Read more »

European stocks head for lower open, shrugging off Chinese growth data that beat expectationsEuropean stocks head for lower open, shrugging off Chinese growth data that beat expectationsEuropean stocks are expected to open in negative territory on Thursday, failing to get a boost from Chinese growth data showing a rebound in the economy.
Read more »



Render Time: 2025-03-07 05:28:56