Suryaa Business Desk: European stock markets were mixed in early trading on Wednesday amid uncertainty in international financial markets... European stock markets were mixed in early trade on Wednesday amid uncertainty in international financial markets. Globally, central banks' decisions on interest rates, corporate quarterly results and geopolitical developments keep investors on edge. Market circles are closely focused on the policies followed by the European Central Bank to curb inflation.
Shares in various sectors continued to take gains amid concerns over a global economic slowdown. Shares in the automobile, technology and energy sectors have been volatile. However, stocks showed a positive trend with some major companies reporting better than expected results. Analysts believe that the global trading pattern will be key in dictating the course of European markets in the coming days.
European indices are adjusted from time to time depending on the signals coming from the American and Asian markets. Bond markets are also witnessing volatility as investors shift towards safer investments. Economists predict that the international trade environment and movements in currency markets are likely to influence the direction of the European market in the coming sessions.
