European stocks slipped on Wednesday as oil prices jumped on renewed Middle East tensions. Airlines and carmakers, the sectors most exposed to fuel costs, were hit hardest.
With inflation already rising, markets now firmly expect the European Central Bank to raise rates on June 11. Spain’s market was a rare bright spot, while Germany and France looked fragile.
Today’s Europe & EU Intelligence Brief covers the region’s finance, markets, economy, and politics. We pulled it together from German, French, Italian, Spanish, Dutch, and English sources.
Markets — Stocks Slip as Oil Surges
A Cautious, Lower Day
