- European stock markets mid session: stocks traded lower ahead of speech by Federal Reserve Chair Janet Yellen in Jackson Hole later in the day
Market news
22 August 2014
European stock markets mid session: stocks traded lower ahead of speech by Federal Reserve Chair Janet Yellen in Jackson Hole later in the day
Stock indices traded lower ahead of speech by Federal Reserve Chair Janet Yellen in Jackson Hole later in the day. Market participants are awaiting that speech by Federal Reserve Chair Janet Yellen may reveal Fed's next monetary policy moves.
Investors speculate that the Fed may hike its interest rate sooner than expected.
The European Central Bank President Mario Draghi will also speak in Jackson Hole later in the day, but the European markets will be closed.
No major economic reports were released in the Eurozone.
Current figures:
Name Price Change Change %
FTSE 100 6,758 -19.66 -0.3 %
DAX 9,326.66 -74.87 -0.8 %
CAC 40 4,250.32 -42.61 -1.0 %
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