European stock indices ended lower trading on Thursday, amid concerns over economic data and a slowdown in the eurozone.
The European Stocks 600 index was down 0.8% or 3 points at 402 points.
The British “FTSE 100” was down 1% (-69 points) to 7020 points, the German “Docs” was down 1.8% (-231 points) to 12,912,000 points, and the French “CAC” was down 0.6% (-33 points). At 5883 points.
The Purchasing Managers’ Index in the Eurozone fell to 51.9 points in June from 54.8 points in May, down 53.9 points from expectations.
The Central Bank of Norway abruptly raised interest rates by 50 basis points, the largest increase since 2002.
A Reuters poll conducted between June 15 and June 22 expected the ECB to raise interest rates by 25 basis points to -0.25% by at least 50 basis points at the July meeting. At the September meeting, it is expected to raise interest rates to above zero for the first time since the deal, reaching 0.75% by the end of the year.
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