European stocks drift lower as Hormuz tensions and U.S. data dominate
The FTSE 100 and continental indices slipped as traders weighed reported Iranian pressure on shipping through the Strait of Hormuz against a weakening U.S. labour market picture.
Euro area, UK and Nordic macro, policy and markets.
23 report(s) in the archive
The FTSE 100 and continental indices slipped as traders weighed reported Iranian pressure on shipping through the Strait of Hormuz against a weakening U.S. labour market picture.
Analysis of Europe's summer points to measurable economic damage from heat, drought and related disruption across agriculture, transport and energy.
The first regular container service via the 'Ice Silk Road' cuts voyage times between Europe and the Far East to about 20 days, bypassing the Suez Canal and Malacca Strait.