European stocks rise; French industrial production beat helps sentiment By Investing.com

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

⚠️BREAKING: *EUROPEAN STOCKS RALLY ACROSS THE REGION TO FINISH THE WEEK AS U.S. DEFAULT FEARS EASE 🇪🇺🇩🇪🇫🇷🇮🇹🇪🇸🇳🇱

The U.S. Senate late on Thursday passed legislation that suspended the government's $31.4 trillion debt ceiling for two years, a day after the House of Representatives approved the bill.

French industrial output rose 0.8% on the month in April, above the 0.3% growth expected and a considerable improvement from the 1.1% fall the prior month.last month, data showed Thursday, and adds to the debate of how much further the region’s central bank will go with its monetary policy tightening.is widely expected to increase interest rates by another 25 basis points on June 15, adding to the combined 375 basis points of hikes over the past year to combat runaway prices.

The jobs report will be one of the last pieces of data before the Fed’s June meeting, and could help to determine whether thesticks to its aggressive monetary policy or agrees to pause its 14-month rate hiking campaign.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

What to buy in large, mid, and small cap stocks: BofA investing guideHere's how Bank of America is telling traders to invest up and down the spectrum from large cap to small to book maximum profits while playing smart defense
Source: BusinessInsider - 🏆 729. / 51 Read more »

Asian stocks surge as debt bill clears Congress, Chinese shares rebound By Investing.com⚠️BREAKING: *ASIA STOCKS SURGE TO END THE WEEK AS U.S. DEBT BILL CLEARS CONGRESS *HONG KONG'S HANG SENG INDEX SOARS 4% AS TECH SHARES RALLY 🇯🇵🇨🇳🇭🇰🇰🇷
Source: Investingcom - 🏆 450. / 53 Read more »