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Market Update

European Shares Fall on Rising Inflation Fears

European Stocks

European shares fell on Friday after comments pointing to tightening monetary policy from US central bank officials, which reinforced concerns about the repercussions, while German SAP reported strong quarterly profits in the cloud database sector. The pan-European STOXX 600 index fell 0.7 percent, following the path of declining global markets, …

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UK Manufacturing Production Rises MoM in November

Britain’s industrial sector witnessed a solid recovery in November, the latest UK industrial and manufacturing production data published by Office for National Statistics (ONS) showed on Friday. Manufacturing output arrived at 1.1% MoM in November versus 0.2% expectations and 0.1% booked in October while total industrial output came in at …

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