Traders are pictured at their desks in front of the DAX board at the stock exchange in Frankfurt, Germany, August 27, 2015. REUTERS/Staff/remote
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
The Stoxx Europe 600 Index rose 0.3 percent at the close of trading, adding most of those gains in the final settlement period.The stocks index had daily moves of 1.7 percent or more in the past seven days as China's currency devaluation rattled markets. Despite the volatility, the Stoxx 600 ended the week 0.6 percent higher.Traders' odds of a rate increase in September has dropped to 38 percent, from about 48 percent before China's move.Europe's benchmark gauge is still heading for the worst month since 2011 .After holding on for 14 weeks, investors withdrew money from European equity funds for the first time in the period ended Aug. 26, a Bank of America Corp. report citing EPFR Global data showed.
FOLLOW THIS ARTICLE