European shares inched lower today as investors braced for a data-intensive week and awaited speeches from several European Central Bank's officials, keenly watching for clues about the central bank's policy direction in the coming week. The pan-European STOXX 600 index (STOXX), opens new tab was down 0.2 percent after hitting an all-time high last week as inflation in the euro zone fell to 2.2 percent in August 2024, its slowest pace since July 2021. Mining companies led the losses, with their shares falling 1.3 percent after most industrial metals started September on a down note. Investors will track manufacturing data for August from Germany, Spain, and the consolidated 20-country euro zone later this evening to gauge the strength of the region's economies. Source: Oman News Agency
Related Articles
Oman Organizes High-Level International Dialogue on Global Health, Peace Initiative
Doha: The Sultanate of Oman: today organized a high-level international dialogue in partnership with Finland, Somalia, Sudan, Switzerland, and Yemen, titled “Unity in Well-being: Enhancing Peace Through Global Health” on the sidelines of the 80th sess…
Pakistan: Police officer killed, two injured in armed attack in northwest
A Pakistani police officer was killed and two others injured in an armed attack on a police checkpoint near an archaeological site in Mardan, Khyber Pakhtunkhwa province, northwest Pakistan.
Local authorities reported that police launched a security…
Three settlers seriously injured in bomb explosion in northern West Bank
Jenin – Ma’an – Israel announced an increase in the number of settler casualties due to the explosion of an explosive device near the settlement of Harmesh on a main road between Ya’bad and Qaffin Tulkarm.
According to Yedioth Ahronoth, three people …