European shares rose in the first trading session of 2023 on Monday, after a rough year marred with fears of a recession as central banks hiked rates globally and the Russia-Ukraine war. | Reuters
The pan-regional STOXX 600 rose 0.5 percent by 0810 GMT, supported by rate-sensitive technology stocks. The energy sector added 0.8 percent.The STOXX 600 ended 2022 with sharp losses, driven by central banks’ aggressive policy tightening to rein in soaring prices, economic slowdown, the Russia-Ukraine war that increased inflationary pressures and growing concerns over COVID cases in China.
Germany’s finance minister expects inflation in Europe’s biggest economy to drop to 7 percent this year and to continue falling in 2024 and beyond, but expects high energy prices to be the new normal.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Carmina Villarroel and Zoren Legaspi share a sweet kiss to welcome 2023Carmina Villarroel, Zoren Legaspi, and twins Mavy and Cassy are in South Korea for a vacation
Baca lebih lajut »
464 new COVID-19 cases logged on first day of 2023The Department of Health on Sunday reported 464 new COVID-19 cases, the lowest single-day tally in four days and the 10th straight day of fewer than 1,000 new cases.
Baca lebih lajut »
Jake Ejercito spends the first day of 2023 with daughter EllieThe internet’s favorite father-daughter duo just welcomed the New Year together!
Baca lebih lajut »