European shares: European shares dip as investors await cues on policy outlook
Basic resources was the worst-hit sector, down 1.7% on weakness in most metals. Construction and material, financial services and technology also lost over 1% each.
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Basic resources was the worst-hit sector, down 1.7% on weakness in most metals. Construction and material, financial services and technology also lost over 1% each.
(Bloomberg) -- European stocks slipped on Wednesday in a cautious start to the new year as investors watched for further clues as to whether more dovish central bank leanings could support 2023’s year-end rally further.Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsHarvard’s President Claudine Gay to Resign After ControversyTokyo Runway Collision Leaves 5 Dead, Aircraft AblazeUS Pressured Netherlands to Block China-Bound Chip MachineryHamas Says Israel Kills Sen
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The European Central Bank may well start to look at cutting interest rates as inflation slows convincingly and its focus turns to avoiding a recession, according to Michael Field, European market...
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