European markets were set to open lower Friday amid recession warnings, expectations for further rate hikes and continued volatility in the energy market.
The U.K.'s FTSE 100 was down 35 points, Germany's DAX about 125 points and France's CAC 40 by 54 points. European stocks have seen three days of losses, particularly denting energy and technology shares. However, banking stocks gained yesterday after Morgan Stanley analysts upgraded the sector.
European markets set to open lower not because for rate hike and energy fears persist but because options and index expiry for September quarter and it is always good buying opportunity .
Sell your house now if possible. Prices will soon collapse. Mass unemployment coming according to yield curve. Much worse than recession. Looks like the U.S proxy war against Russia will get worse to.💣