LIVE MARKETS Europe braces for a wave of red

  • 1/21/2022
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Jan 21 - Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BRACES FOR A WAVE OF RED (0705 GMT) European bourses are set for a rough start this morning with futures pointing to losses of over 1% in the wake of a sell-off which spread from Wall Street to Asian bourses overnight. Tech and growth stocks are at the centre of the selling spree with investors wary of the Fed"s next moves to tackle inflation which has proven much less transitory than hoped by policy makers just a few months ago. The future for the European blue chips listed in the EURO STOXX 50 is losing 1.6% and Nasdaq futures are down about 1%. (Julien Ponthus)

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