European stocks set to inch lower as investors ease into holiday season

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

European stocks were set to open marginally lower on Friday as investors eased off ahead of the holiday season.

Investors worldwide have seemed content to take the substantial gains generated by positive news on U.S.-China trade over the past month heading into the festive period.

U.S. Treasury Secretary Steven Mnuchin said on Thursday that the U.S. and China would sign their so-called phase one trade accord early in January following a technical "scrub."Back in Europe, Financial Conduct Authority Chief Executive Andrew Bailey is set to be named the new governor of the Bank of England, replacing the departing Mark Carney, according to the Financial Times.

 

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:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

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

Fiat Chrysler to meet unions Friday to discuss PSA merger dealFiat Chrysler will meet Italian trade unions in Turin on Friday to discuss the d...
Source: Reuters - 🏆 2. / 97 Read more »

Consumer data, a key inflation measure, earnings: 3 things to watch for in the markets on FridayWe'll get consumer spending data, a core inflation reading and earnings from cruise company Carnival and Carmax on Friday.
Source: CNBC - 🏆 12. / 72 Read more »

European stocks seen flat as investors await direction from data and interest rate decisionsEuropean stocks were expected to make a muted start to Thursday's trade as investors seemingly adopt a wait-and-see approach heading into the holiday season, with markets showing minimal reaction to U.S. President Donald Trump's impeachment. yeah thats right central banks just keep pumping money into the market forever that will work
Source: CNBC - 🏆 12. / 72 Read more »