Pressures on the European markets are widening under the weight of the Ukrainian

LAST UPDATE 11:28

Major European stock markets are falling on Tuesday, as the investment climate worldwide is hit by the international turmoil that continues to be caused by the Russian invasion of Ukraine.

On the board, the pan-European index Stoxx 600 is down 2.4%, with the core resource sector experiencing losses of 3.4%, leading the losses, while all major industries and domestic stock markets are moving in the “red”. The other pan-European index, Eurostoxx 50decreases by 2.5%.

The German DAX loses 2.3%, with the French CAC 40 to suffer losses of 2.4%, while the British FTSE 100 declines by 1.56%.

In the periphery, the Italian FTSE MIB records a drop of 2%, while the Spanish IBEX 35 declines by 1.7%.

Negotiations between Russian and Ukrainian officials took place on Monday, in a bid to declare a ceasefire and to trace any possibility of a compromise between the two countries to end the war. However, as with previous efforts, the fourth round of negotiations led to little progress. The talks are expected to continue later in the day.

Investors are also looking at the US Federal Reserve meeting, as its monetary policy committee is expected to raise its key interest rate for the first time in more than three years. , most likely by 25 basis points, on Wednesday.

They are also awaiting the Fed’s forecasts for interest rates, inflation and the growth of the US economy, given international uncertainty and heightened geopolitical risk.

At the level of individual shares, that of the Dutch investment Prosus falls more than 8%, to the “bottom” of the Stoxx 600, after the information that Tencent – in which it maintains a significant percentage – is facing a record fine for money laundering.