The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, September 15, 2023.
The pan-European STOXX 600 (.STOXX) edged 0.2% lower by 0705 GMT, with healthcare (.SXDP) and rate-sensitive technology stocks (.SX8P) weighing on the index.
Global central banks will take centre stage this week, with Bank of England likely to hike interest rates for the 15th time later in the week, while the Fed seems set for a hawkish pause.
Nordic Semiconductor ASA (NOD.OL) shed nearly 14% after cutting its revenue guidance for the third quarter.
Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.
Persons:
Slawomir Krupa, Bansari Mayur, Varun
Organizations:
REUTERS, Staff, Bank of, Nordic Semiconductor ASA, Societe, Thomson
Locations:
Frankfurt, Germany, Norway, Sweden, Switzerland, United States, Bank of England, Bengaluru