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EUROPEAN SHARES IN THE RED AFTER HAWKISH FED COMMENTS

European stocks dropped in early trading on Friday after more Fed policymakers signalled they will start to raise U.S. interest rates in March to combat inflation.

Asian shares fell after Fed Governor Lael Brainard became the latest and most senior U.S. central banker to indicate that the U.S. Federal Reserve will hike rates in March.

The FTSE MIB climbed down by 0.81% to 27,618.20. In the cash markets, the DAX Germany was trading down by 0.64% to 15,928.65. CAC 40 in France Fell by 0.71% to 7,150.37 while the FTSE 100 in the U.K. was down by 0.09% to 7,556.35 ,at the time of writing.

https://www.capitalstreetfx.com/en/european-shares-in-the-red-after-hawkish-fed-comments/