Cautiousness and small losses in the euro markets

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European stock markets edged lower on Friday, with investors cautious ahead of a crucial central banker meeting next week that could provide new data on the course of monetary policy in the US and Europe in the coming months.

The annual financial conference in Jackson Hole, Wyoming will gather global investment interest next week. Speeches by officials at the conference will be under the microscope of investors for new data on the path of interest rates as central banks try to rein in the highest inflation in four decades. The most interest is expected to gather the speech of the chairman of the Federal Reserve, Jerome Powell on Friday.

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On the board, the pan-European Stoxx 600 lost 0.2% to 439.74 points.

Germany’s DAX is down 0.3% at 13,648.49, France’s CAC 40 is down 0.3% at 6,536.56, while Britain’s FTSE 100 is down 0.2% at 7,529.64.

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In the region, Italy’s FTSE MIB and Spain’s IBEX 35 lose 0.4%.

Source: Capital

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