Daily Report 01.06.2021
Објавено: 01. 06. 2021

European markets close lower after inflation data; Deutsche Bank slips 1.3% 
Europe’s major indexes closed in the red on Monday, as investors digested inflation data from some of the region’s biggest economies on a quiet day due to holidays in the U.K. and U.S. 
Germany’s DAX provisionally ended the day down 0.7%, retreating from an all-time high hit last week. France’s CAC was also around 0.7% lower at the end of the day. Spain’s IBEX fell around 0.9%. 
The German index was weighed down by Deutsche Bank, whose share price fell as much as 2% after reports that the U.S. Federal Reserve said it was concerned about the German lender’s anti-money laundering practices. By the end of the day it had pared some losses to close around 1.3% lower. 
It comes after inflation data was published for countries including Spain, which saw its highest inflation reading in four years. Consumer prices rose 2.4% in May year-on-year according to flash data from the country’s National Statistics Institute. In Germany, inflation rose 2.5% on the year in May, reinforcing that inflation has arrived on the continent. 
Source: CNBC