Losses in the euro markets at the beginning of the third quarter

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European stock markets are trading lower on Friday after the worst quarter since the outbreak of the pandemic in early 2020, as concerns about inflation and the path of interest rates continue to weigh on sentiment.

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On the board, the Stoxx 600 is down 0.9% at 111 points. The pan-European index closed the second quarter of 2022 with total losses of 9%, marking the worst quarter since the outbreak of the pandemic in 2020. Since the beginning of the year the index has fallen 16.6%.

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Concerns about the path of the global economy have intensified recently as the war in Ukraine continues unabated and inflationary pressures escalate, leading central banks to aggressively tighten their monetary policy.

On the board, Germany’s DAX is down 0.7% at 12,693.69, France’s CAC 40 is down 0.6% at 5,886.20, while Britain’s FTSE 100 is down 0.40% at 7,142.87 .

In the region, Italy’s FTSE MIB lost 0.7%, while Spain’s IBEX 35 fell 0.3%.

Source: Capital

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