European shares slip after three-day gain as rise in oil, yields weigh
7 Articles
7 Articles
European shares slip after three-day gain as rise in oil, yields weigh
The main European exchanges have opened today downwards, in the face of further increases in oil prices and interest rates on sovereign debts at almost maximum levels, which favour further increases in the principal rates.
European equities declined during today's Wednesday dealings, in conjunction with the 10-year rise in sovereign bonds in the eurozone and the United Kingdom, given investors' fears that France's fiscal fragility would infect the rest of Europe. The president of the Bank of France, Emmanuel Mulan, said that the economic situation was serious, but the country did not need [...] the pan-European stock retreat with the rise in sovereign bond returns…
The technology and mining sectors are leading the decline, while investors in particular monitor France's public finances.
The rise in oil prices and government bond yields weighed on the investment climate.
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