European markets on Friday, August 29: August gains, inflation publications

European stock markets decreased on Friday, as attention turned into inflation publications from some of the largest economies of the region, along with the United States

By 8:31 am in London (3:31 am), Stoxx 600 Pan-European was 0.2 % less, with most sectors in negative lands. Between the main regional pour, the French CAC 40 led losses after getting rid of 0.5 %.

Defense companies were leading Stoxx 600 during early trade, with German players Rheinmetalland Hensoldt and color All obtain more than 3 %.

This came after German Chancellor Friedrich Mirz He told reporters On Thursday, he doubted a meeting between Russian President Vladimir Putin and his Ukrainian counterpart, Volodimir Zelinski, would take his fruits.

At the other end of the index, the British lenders were NatestDecrease 4.7 %, LloydsRed 3.7 %, and Barclays3.4 % decrease.

Financial times I mentioned On Friday morning, the UK’s banking executives were concerned that the country’s Minister of Finance, Rachel Reeves, could target the sector as it seeks to enhance public financial affairs.

Pricing data from France, Spain, Italy and Germany will return before reading August Flash to the euro area next Tuesday.

In the United States, investors will monitor the personal consumption expenses index, a main measure of the Federal Reserve. This comes after the Federal Reserve Chairman of Jerome Powell’s expectations to reduce the interest rate in September with a Speech last week It was widely explained as inclined. Business trading currently puts about 85 % as a possibility of reducing next month, according to the Fedwatch tool for CME.