He pan-European STOXX 600 index fell 1.3%and the travel and leisure paper segment lost 3.2%.
The values of mining sector fell 2.6%as metal prices weaken in the face of the global appreciation of the dollar.
The Euro zone bond yields rise to multi-month highs after the US Federal Reserve and the Bank of England kept rates unchanged but indicated further hikes could come as policymakers remain concerned about inflation.
he iBritish FTSE 100 index lost 0.7%his first fall in three sessions.
Central banks in the world
In the rest of Europe, the Swiss National Bank (SNB) kept its official interest rate at 1.75%, while the central banks of Sweden and Norway raised their reference rate by a quarter of a percentage point.
“We have seen many central banks go into pause, However, there are still modest upside risks related to the behavior of inflation in the coming months,” said Patrice Gautry, chief economist at Union Bancaire Privée in Geneva, Switzerland.
“What was less positive was that these pauses were accompanied by the mantra that rates will remain high for longer, that is, that central banks are not willing to cut them very quickly,” he explained.
Swiss stocks fell 0.6%, while Swedish and Norwegian stock markets lost 1.1% and 0.9%, respectively.
Interest rate-sensitive technology stocks fell 1.3%, while real estate stocks fell 1.2%.
The European STOXX volatility index rose to its highest level in more than a week on Thursday.
Source: Ambito

I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.