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(Reuters) – The Stoxx 600 index has had its worst session since a Tuesday sale in May, after US President Donald Trump intensified the war against China, worsening the wounds left by a wave of economic and financial data. poor business results.
The benchmark closed down 1.5% on heavy deals and the sensitive values of the German press reached their lowest level in six weeks after Trump had warned China to wait for the end of his first term to finalize any commercial agreement.
The automotive sector index, sensitive to business information, fell 2.3%. However, banks have been the main causes of losses in European sectors because of rising expectations of interest rates.
The Federal Reserve closes its monetary policy meeting on Wednesday and investors are looking for indicators to determine whether a broadly expected base rate cut of 25 basis points will mark the beginning of a cash-flow facilitation cycle.
(Reuters)
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