European shares steady ahead of key regional inflation data
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 01 2024
0mins
Source: Reuters
European Market Overview: European shares remained steady ahead of key inflation data, with the pan-European STOXX 600 slightly up by 0.1%, while tech stocks rose but were countered by losses in luxury firms and energy stocks.
Economic Indicators and Central Bank Outlook: Investors are focused on Eurozone's flash inflation figures which may influence the ECB's interest rate decisions, as manufacturing activity across the region showed significant declines, indicating economic contraction.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
