CNBC Daily Open: July was great for stocks — and oil

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Traders think that scenario is looking increasingly likely. Stocks had a great July and the optimism extended to the commodities market.

Upbeat euro zone figuresMonday. Inflation in July was 5.3%, 20 basis points lower than June's reading. Separate data showed that the continent's gross domestic product grew 0.3% in the second quarter, higher than the 0.2% forecast. That figure was mostly boosted by Ireland's economy, which expanded 3.3% during the period.for all loan categories, according to the Federal Reserve's Senior Loan Officer Opinion Survey.

A soft landing — where inflation cools while the U.S. economy, labor market and corporate earnings continue growing — is, of course, good news for markets.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités