{"id":274953,"date":"2025-07-19T14:41:18","date_gmt":"2025-07-19T14:41:18","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/274953\/"},"modified":"2025-07-19T14:41:18","modified_gmt":"2025-07-19T14:41:18","slug":"brexit-hurting-as-european-stocks-struggle","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/274953\/","title":{"rendered":"Brexit hurting as European stocks struggle"},"content":{"rendered":"<p>\t\t\t\t\t37<\/p>\n<p>European equities slipped, extending the longest run of weekly losses in a year as U.K.-listed stocks struggled on the anniversary of Britain\u2019s vote to leave the European Union. Oil was poised for a fifth week of decline as a supply glut shows no sign of ending, reports Bloomberg.<\/p>\n<p><a href=\"http:\/\/www.businessamlive.com\/oil-gold-bitcoin\/\" target=\"_blank\" rel=\"noopener\">The benchmark STOXX<\/a> Europe 600 index dropped for a third week, with food and beverage companies among the biggest losers after Stifel Financial Corp., a financial services holding company on the New York Stock Exchange downgraded brewer Heineken NV\u2019s stock.<img fetchpriority=\"high\" decoding=\"async\" class=\"irc_mi alignright\" src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/07\/1752936078_923_\" alt=\"Image result for European stocks struggle and brexit\" width=\"384\" height=\"241\"\/><\/p>\n<p>Shares in the U.K. were set for a fourth day of losses even as the pound pared its weekly decline with Brexit negotiations underway.<\/p>\n<p>The dollar headed for its first weekly gain since May after Federal Reserve speakers did little to alter projections for the path of interest rates.<\/p>\n<p>Weakness in energy prices were the theme of the week, with oil in New York and London dropping into a bear market on concerns that expanding supply in the U.S. and Libya will counter output cuts from the Organization of Petroleum Exporting Countries.<\/p>\n<p>In Europe, the battle lines over negotiations to untangle Britain from the union have been drawn, with residency rights and clearing of euro-denominated financial instruments among the first issues making headlines.<\/p>\n<p><strong>Also see\u00a0<a title=\"The British pound close to world\u2019s worst currency in the one year since Brexit\" href=\"http:\/\/www.businessamlive.com\/british-pound-close-worlds-worst-currency-one-year-since-brexit\/\" rel=\"bookmark noopener\" target=\"_blank\">The British pound close to world\u2019s worst currency in the one year since Brexit<\/a><\/strong><\/p>\n<p>\u201cAs a heat wave engulfs Europe, equities may suffer from sticky conditions near-term,\u201d Bank of America Merrill Lynch strategists including Ronan Carr said in a client note Friday, adding \u201cslowing cyclical momentum, weak oil and policy uncertainty could cause a wobble.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"37 European equities slipped, extending the longest run of weekly losses in a year as U.K.-listed stocks struggled&hellip;\n","protected":false},"author":2,"featured_media":274954,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5226],"tags":[802,748,2000,299,5187,7065,1699,4884,7063,103987,16,15],"class_list":{"0":"post-274953","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-brexit","8":"tag-brexit","9":"tag-britain","10":"tag-eu","11":"tag-europe","12":"tag-european","13":"tag-european-stocks","14":"tag-european-union","15":"tag-great-britain","16":"tag-stocks","17":"tag-stoxx","18":"tag-uk","19":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114880425739319936","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/274953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=274953"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/274953\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/274954"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=274953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=274953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=274953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}