July 1, 2022

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European stock markets, about to enter a bearish phase

European stock markets, about to enter a bearish phase

Frankfurt Stock Exchange operator.
Bloomberg News expansion

The unexpected rise in interest rates in Switzerland and the hangover from the Federal Reserve meeting fueled fears of an economic recession. The Nasdaq is down 4% and the major European indexes are down more than 3%.

The joy in the markets did not last long. Sales reappeared yesterday in the stock markets under pressure from renewed fear of recession, after a second reading of the Cabinet’s decision. Fed On Wednesday, interest rates rise Bank of Englandand more

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