Stoxx Europe 600 indicator index is at 505.27 points with a decrease of 0.4 percent, DAX 40 index in Germany is at 19,891 points with a decrease of 0.5 percent and FTSE 100 index in England is at 8,121 points with a loss of 0.4 percent.
In Italy, the MIB 30 index is traded at 34,041 points with a 0.4 percent decrease, in France the CAC 40 index is traded at 7,330 points with a 0.3 percent decrease, and in Spain the IBEX 35 index is traded at 11,502 points with a 0.3 percent loss.
While global markets entered the last two trading days of the year with a mixed course, uncertainties regarding the new period that will begin with Donald Trump taking office on January 20, who was elected President of the United States, make pricing difficult.
However, in Europe, where recession concerns come to the fore, how policies regarding the fight against inflation will be shaped in the future remains in the focus of investors.
In the last Economic Bulletin of the European Central Bank (ECB), ECB member and Dutch Central Bank Governor Klaus Knot said, “7 percent wage demands are not compatible with the 2 percent inflation target.” His words showed that inflationary concerns continue.
ECB Board Member and Austrian Central Bank President Robert Holzmann also pointed out the recent rise in inflation and stated that it may take longer for the next interest rate cut to occur.
