Adyen slumps after HY earnings miss
Norges Bank raises rates by 25 bps
BAE Systems falls after co agrees to buy Ball39;s aerospace assets
European bond yields rise
STOXX 600 down 0.4

Aug 17 Reuters European shares slipped on Thursday as downbeat earnings and BAE Systems weighed, while investors were in riskoff mode after minutes from the U.S. Federal Reserve39;s July meeting hinted at rates remaining higher for longer.

The panEuropean STOXX 600 fell 0.4, hitting a more than onemonth low.

BAE Systems shed 4.5 after Britain39;s largest defence company said it agreed to buy Ball Corp39;s aerospace assets for about 5.55 billion in cash.

Europe39;s aerospace and defence sector dropped 1.3.

Adyen NV tumbled 22.6, falling to the bottom of the STOXX 600 after the Dutch payments processor missed analyst estimates and its own ambitious firsthalf earnings targets. The industrial goods and services sector slumped 1.6.

Amsterdam stocks fell 1.1, reaching their lowest level in over a month.

Meanwhile, Wall Street futures edged higher after markets closed lower on Wednesday as minutes showed Fed officials were divided over the need for more interest rate hikes.

It seems there is some disagreement on whether there should be more hikes or not, said Anthi Tsouvali, multiasset strategist at State Street.

There39;s one thing certain that rate hikes are still on the table and rates will remain elevated for longer.

Bond yields across Europe jumped, with sharp spikes in Italy…