Date: 4 months ago   Category: Financial

The European stock markets have fallen to a minimum in two years


The Pan-European STOXX 600 index can finish in minus the fifth auction in a row against the background of weakness of the Asian exchanges and the Wall Street. The European stock markets during trading on Tuesday, October 23, have decreased to a minimum almost in two years, Reuters reports. The fact that the new portion of corporate reports for the third quarter couldn't dispel the growing concern of investors on an exit of Great Britain from the European Union, the budget of Italy, isolation of Saudi Arabia, trade wars, economy of China and interest rates of the USA is the reason of decrease. So, in the morning the Pan-European STOXX 600 index has decreased by 0,88% after decline by 1,1%, a minimum since December, 2016. The index can finish in minus the fifth auction in a row against the background of weakness of the Asian exchanges and the Wall Street. Other indexes have also suffered essential losses. German of DAX has fallen by 1,2%. The sector of the technological companies of Europe has decreased by 2,55% because of fall of papers of AMS which have fallen in price by 22,39% as the forecast made by the company couldn't dispel doubt of investors. We will note, falling of the stock markets, including European, has accelerated rates of drop in oil prices which has fallen in price almost by 2% today and 78 dollars for barrel trade below. News from the Correspondent.netv of Telegram. Subscribe for our https://t.me/korrespondentnet channel

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