European stocks head for positive open despite Fed comments rattling global markets

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European stocks are expected to open in positive territory despite global markets being rattled by comments from the head of the U.S. Federal Reserve.

European stocks are expected to open in positive territory Wednesday, despite global markets being rattled by comments from the head of the U.S. Federal Reserve.before it's likely to begin cutting rates. He said there had been"a lack of further progress so far this year on returning to our 2% inflation goal.

Investment bank Jefferies is forecasting a nearly 100% increase in the share price of a cybersecurity company from current levels. The stock appears to have momentum as shares have risen by 75% over the past year and more than doubled since hitting an all-time low in early 2023.Investing in an increasingly volatile market — amid geopolitical risks, rising bond yields and macroeconomic uncertainty — is no mean feat.""The market has been pricing out Fed rate cut expectations from March onward. 'No landing' and 'sticky inflation' narratives are on the rise again.

 

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