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01 November 2024

European markets waver at the open

Messenger Desk

Published: 14:18, 19 August 2024

European markets waver at the open

Photo: Collected 

European stock markets wavered at the open on Monday as investors look ahead to a meeting of global central bankers later this week.

London's FTSE 100 fell 0.2 percent to 8,296.85 points and the Frankfurt DAX shed 0.1 percent to 18,305.34.

The Paris CAC 40 index rose almost 0.1 percent to 7,455.30 points.

Central bank chiefs will meet at the annual Jackson Hole symposium in Wyoming, with all eyes on whether Federal Reserve chairman Jerome Powell will give more signals about US interest rate cuts during his speech on Friday.

 

Messenger/Disha