European stocks stabilized at the end of a serene session



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Economy

Reuters

Monday 2019/7/22 22h21 Abu Dhabi time

Europe shares the stable

Europe shares the stable

European equities closed Monday on a slump as trading volumes were affected by the summer slump that marked the start of an important week in which the ECB will meet to decide on monetary and monetary policy. 39, a series of reports on business results.

The European Stoxx 600 index is 0.07%, with a volume of 151.5 million shares at closing, compared to an average of 1.8 billion shares over 30 days.

However, an indicator of euro area equities closed up 0.22%, as Italian equities offset some of its losses after political uncertainty caused by its worst daily loss in two months on Friday.

Investors are preparing this week for a confrontation between the partners of the Italian ruling coalition, which could sow doubt on the future of the government.

"The stock markets have fallen slightly in recent days, in Italy they are closer to record and are not particularly well placed to receive an event," said Simona Gambarini, market economist at Capital Economics in London. Negative. "

Investors are focusing on Thursday's ECB meeting, as money markets expect a 10-basis-point reduction in interest rates of more than 50% and bond investors, at least explicitly, should take action in September to tackle the slowdown.

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