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European Shares Tumble As Slowdown Fears Mount

European Shares Tumble As Slowdown Fears Mount

European stocks fell sharply on Thursday and were on course for their worst quarter since the pandemic-led carnage in early 2020 amid worries about prolonged inflation leading to a global economic downturn.
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FTSE 100 Declines On Slowdown Worries

FTSE 100 Declines On Slowdown Worries

U.K. stocks fell on Thursday and were on course for their first quarterly drop since September 2020 amid worries about prolonged inflation leading to a global economic downturn.
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CAC 40 Tumbles As Recession Fears Mount

CAC 40 Tumbles As Recession Fears Mount

French stocks tumbled on Thursday after the world's top central bank chiefs warned that the high inflation pressure may last longer than expected.
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DAX Plunges On Inflation Fears

DAX Plunges On Inflation Fears

German stocks plummeted on Thursday after global central bank chiefs said bringing down high inflation around the world will be painful and even dent economic growth.
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UK House Price Inflation At 6-Month Low

UK House Price Inflation At 6-Month Low

UK house price inflation eased more than expected to a six-month low in June, but remained strong overall reflecting the improvement in the labor market, survey results from the Nationwide Building Society showed on Thursday. The house price index logged a double-digit growth of 10.7 percent year-over-year in June, slightly slower than an 11.2 percent rise in May.
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European Economics Preview: Germany Unemployment Data Due

European Economics Preview: Germany Unemployment Data Due

Unemployment and retail sales from Germany and quarterly national accounts and house prices from the UK are due on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics releases revised UK GDP data for the first quarter. The statistical office is expected to confirm 0.8 percent sequential growth.
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Asian Markets Mixed Amid Cautious Trades

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Thursday, following the mixed cues overnight from Wall Street, as uncertainty about the near-term outlook for the markets kept traders on the sidelines following recent volatility and global recession concerns. Traders also digested comments coming out from the European Central Bank's forum in Sintra. Asian Markets closed mostly lower on Wednesday.
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Sensex, Nifty Seen Flat To Slightly Lower

Sensex, Nifty Seen Flat To Slightly Lower

Indian shares are seen opening flat to slightly lower on Thursday, tracking a weak trend in global markets as fears over an economic slowdown escalated. Trading may turn later volatile later in the day ahead of the monthly expiry of derivative contracts.
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