European Markets Set for Lower Open as Investors Reflect on Economic Uncertainty

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European Markets Set for Lower Open as Investors Reflect on Economic Uncertainty
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European stocks are expected to open lower on Monday after a tumultuous trading week last week.

The lower open for Europe today comes after a turbulent week of trading on the back of central bank action last week. The U.S.

Federal Reserve raised its benchmark funds rate by 75 basis points, its largest hike since 1994, before the Swiss National Bank surprised markets with its first hike since 2007 and the Bank of England implemented its fifth rate rise in a row.

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