News Formal

European Stocks Seen Lower as Investors Await Fed Decision

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 41 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 59%

Business Nachrichten

FED,European Stocks,Interest Rates

European stocks are poised for a lower opening on Wednesday as investors eagerly await the U.S. Federal Reserve's latest monetary policy announcement. Market participants will scrutinize the Fed's Summary of Economic Projections and Chair Jerome Powell's press conference for insights into the future direction of interest rates, particularly in light of persistent inflation.

European stocks are expected to open lower Wednesday as investors await the latest monetary policy decision by the U.S. Federal Reserve.Investors will also be paying close attention to Fed policymakers' Summary of Economic Projections and Fed Chair Jerome Powell's press conference, seeking clues about what might happen in the months ahead.

The central bank is widely expected to temper runaway expectations of more rate cuts in the approaching year, particularly as inflation remains stubborn.Data releases on Wednesday include the latest U.K. inflation rate. The data comes ahead of the Bank of England's monetary policy meeting on Thursday, with markets so far pricing in only a slim chance of a final rate cut of the year.

The British pound traded lower against the dollar and the euro on Wednesday morning, as investors awaited the U.K.'s latest inflation print and a policy update from the Bank of England. Sterling was around 0.1% lower against the euro, and 0.06% weaker against the greenback by 6:35 a.m. London time.Stock futures are little changed after Dow posts nine-day losing streak; traders await Fed decisionScams

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 319. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

European Stocks Mixed as Investors Await Fed Decision and Economic DataEuropean stock markets reacted to mixed economic data and anticipation of the Federal Reserve's final policy meeting of the year. UK earnings exceeded expectations, raising concerns about slower Bank of England rate cuts, while German business morale declined due to geopolitical uncertainty and industrial slump. Meanwhile, crude prices fell due to profit-taking ahead of the Fed meeting.
Herkunft: Investingcom - 🏆 450. / 53 Weiterlesen »

European stocks set to start December flat to lower; Stellantis CEO steps downEuropean markets are expected to kickstart the final month of trading this year in flat to lower territory Monday.
Herkunft: NBCDFW - 🏆 288. / 63 Weiterlesen »

JD Sports slumps 14% on profit warning; European stocks shift slightly lower amid subdued market sentimentEuropean stocks shifted slightly lower Thursday as global market sentiment dips.
Herkunft: NBCPhiladelphia - 🏆 569. / 51 Weiterlesen »