European stocks mixed with focus on interest rates and earnings, German producer prices fell.
From Investing.com: 2024-10-21 03:19:20
European stock markets opened the week mixed, with focus on interest rates and earnings. German producer prices fell 1.4% in September, marking the 15th consecutive decline. China cut its benchmark interest rate, part of stimulus measures. UBS to sell Swisscard stake, while Sanofi enters talks for sale of consumer health business. Oil prices stabilize after last week’s losses, with Brent at $73.59 and WTI at $69.31 per barrel. Middle East tensions persist with Israel’s campaigns and Iran strike retaliation looming.
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