Thursday, 6 July 2017

European markets lower, Trump visit in focus

European markets moved lower during Thursday’s trade as Federal Reserve released minutes on Wednesday which hinted that the central bank was split on how inflation might affect the pace of interest rate hike.  

The pan-European Stoxx 600 was 0.22% lower with most sectors trading on negative ground.

Meanwhile, FTSE, DAX, CAC and IBEX35 traded in the negative territory slipping 0.03%, 0.16%, 0.40% and 0.52%, respectively.

Minutes from US Federal Reserve revealed on Wednesday that policymakers are divided on the pace of interest rate hikes and several members showed concern about the impact on markets.


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