When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
EU shares mostly inch down
On Friday, EU shares mostly traded lower because markets were busy with digesting comments by ECB President Mario Drgahi. Moreover, they were also paying much attention to the publication of euro zone inflation data.
During European morning trade, the EURO STOXX 50 sank 0.16%, French CAC 40 lost 0.04% and German DAX 30 slid 0.16%.
European equities went down after ECB President Draghi told that he doesn’t see evidence, justifying any manipulation with the ECB’s inflation outlook.
The remarks arose after the EU’s major financial institution left its benchmark interest rate intact at 0.0%, which is quite in line with predictions.
Additionally, Friday’s data revealed that in March German retail sales added 0.1%, thus ruining hopes for a 0.3% dip. As for retail sales in this EU country, they added by 1.1% in February.
In London, FTSE 100 headed south 0.16%, suppressed by Barclays, whose stocks lost 4.40% after the lender unveiled a sag in net revenue from £433 million to £190 million.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Inflation in Europe was released better than the forecast. The preliminary fact was published at 4.3%. What's happening in the markets?
XAUUSD fell below 1900 for the first time since March 2023. Meanwhile, the US dollar index gives a bearish signal. Read the full report to learn more!
Oil prices are rising while the US government is on the verge of shutting down. How will it affect the market?