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By Sudeshna Ghoshal Oct 1 (Reuters) - European shares started the final quarter on a downbeat note on Thursday as investors turned risk-averse, with global government bond yields hitting multi-year highs. The pan-European STOXX 600 was down 1.4% at 62...
By Sudeshna Ghoshal and Purvi AgarwalEuropean shares started the final quarter of the year on a downbeat note on Thursday, with heavyweight banks marking sharp declines as global government bond yields hit multi-year highs.The pan-European STOXX 600 TVC:SXXP closed 1.3% lower, marking its biggest o…
European stocks tumbled on Thursday, sending several markets down to multi-month lows, as rising oil prices and higher bond yields triggered heavy selling across various sectors. Additionally, recent inflation data from the region has raised the possibility of more monetary tightening bank in coming months.