INSUBCONTINENT EXCLUSIVE:
European stock markets experienced a significant downturn, closing over 1% lower this Friday.Stronger US employment data triggered the drop,
hinting the Federal Reserve may maintain higher interest rates longer.The slump in European indices contrasted with gains on Wall Street,
US Rate Hike Fears Intensify
(Photo Internet reproduction)Expectations for the Fed to keep interest rates steady until June surged following the job report.The US
like Pernod Ricard and LVMH faced setbacks in Paris, revealing market sensitivity to economic indicators and monetary policy.As European
concerning inflation and growth prospects.
