-- European stocks edged higher on Wednesday as investors assessed prospects for an interest-rate cut by the European Central Bank next week and more China stimulus.
China said it would hold a briefing on fiscal policy on Saturday, as investors look to authorities in Beijing to set out additional measures to boost the world’s second-largest economy. The news helped trim Investors are also looking ahead to minutes from the Federal Reserve’s last policy meeting, due out later today, and fresh inflation and jobs data on Thursday for clues about the pace of further Fed rate cuts.
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:
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.
European Stocks Edge Higher Ahead of US Inflation, ECB Meeting(Bloomberg) -- European stocks ticked higher as investors awaited sensitive US inflation data due later on Wednesday for clues about the Federal Reserve’s...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
European stocks wrap up week on a high note; focus shifts to FedThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Why software stocks are outperforming chip stocksYahoo Finance markets and data editor Jared Blikre takes a look at broader market trends as stocks continue their rally. This ongoing rally was sparked by...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Bitcoin's Correlation With US Stocks Hits Two-Year High Amid Positive Market SentimentBitcoin recently surged past a key resistance level, extending its upward trend. Notably, the cryptocurrency's correlation with US stocks has reached a two-year peak, indicating Bitcoin is increasingly mirroring traditional financial markets. While both assets have shown parallel trends reflecting similar market sentiment, Bitcoin's inherent volatility results in more pronounced price swings.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Stocks lose ground, oil extends gains amid Middle East tensionThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Foreign mutual funds and ETFs sold $5B in Canadian energy stocks amid oil volatility: CIBCCanadian Natural Resources shares accounted for $2.8 billion worth of the sales, followed by TC Energy at $1.2 billion, and Cenovus Energy at $721 million...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »