European stocks suffer worst day in nine months

Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. European stock markets suffered their worst day in nine months as a sell-off sparked by receding hopes for rapid US interest rate cuts spread around the world. Indices in Europe and …

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Adidas upgrades guidance on strong start to 2024

The European Central Bank is still on track to start cutting interest rates “in reasonably short order”, its president Christine Lagarde said, providing there are no major shocks from the Middle East or other geopolitical hotspots. Lagarde on Tuesday said the ECB was “observing a disinflationary process” in line with …

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European stocks and Asian currencies slide on US rate cut reticence

Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. European stock markets suffered their worst day in nine months as a sell-off sparked by receding hopes for rapid US interest rate cuts spread around the world. Indices in Europe and …

Read more