European stock markets stop rising for three consecutive days.

Golden Ten Data on August 27, European stock markets stopped three consecutive gains on Monday, and the Stoxx 600 index closed basically flat. Last week, the market was generally pumping, with Fed Chair Jerome Powell saying that the time had come to cut interest rates. After a difficult start to August, the European Benchmark has recovered as resilient economic data eased fears of a recession in the United States. However, given that rate cut expectations are already high, some believe that the market needs more than just a rate cut to sustain the recent rally. “The start of the week is likely to be affected by ‘buy by hear, sell by facts,’” said Florian Ielpo, head of macro research at Lombard Odier Asset Management, “and the market may struggle a little as news from the United States (and possibly Europe) continues to deteriorate.” ”