European funds cut equity holdings, hoard cash as growth fears rise – Reuters poll

European fund managers cut equity exposure to a six-month low and upped cash holdings at the end of a tumultuous year for financial markets, which have been increasingly rocked by concerns over the health of the global economy. Global stocks clawed back some of October’s hefty losses in November....

https://www.hellenicshippingnews.com/european-funds-cut-equity-holdings-hoard-cash-as-growth-fears-rise-reuters-poll/

EUROPE MARKETS: European Markets Falter As Oil Prices Plummet And U.S. Interest Rate Hikes Loom

European markets were mostly in the red on Tuesday, as crude oil prices plummeted to new lows and investors remained jittery over an expected U.S. interest rate hike. Oil and energy led the decliners. What did markets do? The Stoxx Europe 600 dropped 0.8% to 340.60, after ending down 1% on Monday....

https://www.hellenicshippingnews.com/europe-markets-european-markets-falter-as-oil-prices-plummet-and-u-s-interest-rate-hikes-loom/

Global Stocks Follow Wall Street Lower as Economic Worries Persist

Global stocks slid Tuesday, following a sharp drop on Wall Street the day before, amid rising anxieties about the health of global economic growth. Europe’s pan-continental Stoxx Europe 600 index was 0.6% lower in opening trading, weighed down by a 1.5% fall for its oil-and-gas sector as concerns...

https://www.hellenicshippingnews.com/global-stocks-follow-wall-street-lower-as-economic-worries-persist/

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