Most of the main indices of the European stock markets moved slightly lower at the opening of the session on Wednesday (17/7), with the negative sentiment observed in the previous session continuing.
Technology stocks fell 2.15%, while those related to home appliances rose 0.3%.
In important macro, UK inflation hits 2% on an annual basis in June, according to data released by the National Statistics Service on Wednesday. The reading was slightly higher than the 1.9% forecast, but unchanged from May and the same as the Bank of England’s target.
Later in the day, the final measurement of inflation in the eurozone for June will be announced.
Interest in corporate results also remains, with companies announcing theirs and their earnings forecasts on a daily basis.
Asia-Pacific markets recorded mixed signs with Australia’s S&P/ASX 200 hitting an all-time high.
In this context, at the opening of the session on Wednesday (17/7), the pan-European Stoxx 600 index fell 0.31% to 515.72 points.
Germany’s DAX was down 0.18% at 18,503.95, France’s CAC 40 was down 0.12% at 7,570.08, while Britain’s FTSE 100 fell 0.18% at 8,149.34.
In the region, the Italian FTSE MIB decreased 0.07% to 34,340 points, while in Iberia the Spanish IBEX 35 fell 0.41% to 11,044 points, with the Portuguese PSI 20 gaining 0.04% to 6,778.79 points.