European stock markets fell slightly on Friday after heavy losses a day earlier. London’s FTSE 100, Paris CAC 40, and Frankfurt DAX all dropped.
Asian markets also ended the week lower. Hong Kong and Shanghai recorded losses, while Tokyo was closed for a holiday.
In the US, Wall Street ended lower on Thursday despite a late recovery. Investors remain cautious as they track global events.
Central banks stay cautious
Major central banks, including the European Central Bank, Bank of England, and US Federal Reserve, decided to keep interest rates unchanged this week.
They are watching how the energy crisis may impact inflation. The European Central Bank warned that the current situation could push prices higher and slow growth in the eurozone.
In the UK, government bond yields rose sharply after warnings about inflation risks. This shows investors are worried about long-term economic stability.