European markets down, US markets slightly lower as traders anticipate Fed Chair Powell's speech.

From Google: 2024-08-24 07:48:25

European markets declined on Monday, with the FTSE 100 down 0.38%, DAX down 0.99%, and CAC 40 down 1.02%. US markets opened slightly lower as traders awaited Fed Chair Powell’s speech at Jackson Hole later this week. Asian stocks were also mixed, with Japan’s Nikkei up 0.26% and Shanghai Composite down 0.67%. Oil prices rose, with Brent crude up 1.13% and WTI up 0.97%. Gold prices remained steady at $1,779.60 per ounce. Investors are monitoring developments in Afghanistan and economic data releases for potential market impact.



Read more at Google: European markets down, US tepid as traders look to Powell speech – Yahoo Finance UK