European markets started the day with sellers after the interest rate decisions made the other day. The decisions taken by the central banks of Switzerland and England led to expectations that the tight monetary policy would last longer than expected.
Despite the 25 bps expectation, the FTSE 100 index in England, where interest rates increased by 50 bps, started the day with a decrease of -0.60%. The British index lost 2 percent of its value at the beginning of the week.
The stock index, which includes the country’s largest 100 companies, is currently trying to hold on to the 7,450 support.
Sharp Fall in Simens Stocks!
The index with the highest loss of the day in European markets comes from Germany. DAX index depreciated by 0.80% due to developments stemming from Simens. The company’s energy stock has fallen by 20% since the beginning of the day, which had problems with its giant wind turbine project.
Italy’s CAC 40 and Spain’s IBEX 35 indices are also facing sales in parallel with the region.
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