Premarket: Stocks test footing ahead of U.S. inflation data, Fed meeting

European assets tried to find some footing on Tuesday, a day after the announcement of a snap election in France had driven them lower, while investor attention began to turn to the double whammy of U.S. inflation data and a Federal Reserve meeting on Wednesday.

The far-right National Rally was forecast on Monday to win a snap election in France but fall short of an absolute majority in the first opinion poll published after President Emmanuel Macron’s shock decision to dissolve parliament. While this is unwelcome news for Prime Minister Rishi Sunak ahead of a July 4 election, it could enable the Bank of England to cut interest rates in August. Next week’s inflation data will offer a better guide however.

The biggest scheduled economic developments of the week are due on Wednesday, with U.S. consumer price inflation and the Federal Reserve policy decision.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Premarket: Stocks idle ahead of Fed’s preferred inflation figureGreenback steady against peer currencies ahead of inflation data
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Premarket: Global stocks slide ahead of U.S. Fed minutes while crypto soarsGold eased back from Monday’s all-time peak, while crude oil declined on worries of U.S. interest rates staying high for longer
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

Premarket: Global stocks drift after Fed officials hint interest rates may not fall soonLatest data show that U.S. labour market remains tight; U.S. futures pointing lowewr
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »

European Stocks Extend Gains as Soft US Data Drive Fed OptimismEuropean equities extended gains as softer US economic data fueled optimism that the Federal Reserve could cut interest rates later this year.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »

European Stocks Slip as Fed Rate Cuts Doubts Weigh on SentimentEuropean stocks slipped on Friday, as doubts grew over the Federal Reserve’s ability to cut US interest rates in the face of strong economic data.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »

Premarket: Global stocks near all-time highs ahead of expected ECB rate cutBut what the European central bank does after that remains subject to much debate
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »