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Market Impact: 0.75

European Shares Set To Dive As Oil Rally Spurs Inflation, Growth Concerns

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European stocks are forecast to open sharply lower as soaring oil prices and rising government bond yields heighten inflation and growth concerns. Investors are shifting to risk-off positioning, pricing increased inflationary pressure and the potential for tighter monetary conditions, which could weigh on broad market performance at the open.

Analysis

European stocks are forecast to open sharply lower as soaring oil prices and rising government bond yields heighten inflation and growth concerns. Investors are shifting to risk-off positioning, pricing increased inflationary pressure and the potential for tighter monetary conditions, which could weigh on broad market performance at the open.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.45