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EU Stocks Slide, Ends 19-Month Rally


February, 20 2017
watermark Economic news

European stocks finally ended its rallying streak and dropped significantly for the first time in eight days after a drop in miners and banks, ending a streak which lasted for over more than a year. The Stoxx Europe 600 Index fell down by over 0.4% at the end of the previous session, while the equity benchmark extended its one-year rally due to increased expectations of additional borrowing costs in the US paired with burgeoning inflation rates across the globe.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.