European Markets Retreat Sharply as US Rate Hike Fears Intensify

European stock markets experienced a significant downturn, closing over 1% lower this Friday. Stronger US employment data triggered the drop, hinting the Federal Reserve may maintain higher interest rates longer. The slump in European indices contrasted with gains on Wall Street, ending a week of mixed performances across Europe after a buoyant March. Notably, Ocado’s […]

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