The impact of investors’ fears of the push and pull between the White House and the Republicans about the debt ceiling appeared significantly on the psyche of dealers in the European markets, as caution prompted trading to be quiet with indicators almost unchanged, keeping investors waiting for what will result from the debate in the United States about raising the debt ceiling. .
Negotiations between the two sides came to an abrupt halt on Friday, with Republicans walking out of the meeting, and although talks eventually resumed, neither side mentioned any progress.
Markets are also anticipating expectations related to US and European monetary policies regarding interest rates, and their impact on sentiment.
Market movements
The European Stoxx 600 index settled after touching its highest level in more than a year on Friday.
The banking and mining sectors were among the biggest losers, while healthcare stocks rose.
Germany’s DAX index fell 0.1 percent, after hitting an all-time high in the previous session.
2023-05-22 08:51:37
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