Investing.com - European stock markets edged higher Wednesday, as investors digested generally positive quarterly corporate earnings despite weak German economic data.declined in March, according to data released earlier Wednesday, providing more reason for the European Central Bank to start a rate-cutting cycle in the near future.
Siemens Energy also announced plans to replace the boss of its troubled wind turbine division, also flagging job and capacity cuts as it tightens its grip on the loss-making business.showed on Tuesday that U.S. oil inventories grew 0.5 million barrels in the week to May 3, coming in ahead of expectations for a draw of 1.4 million barrels.
Still, U.S. officials said a ceasefire could still be reached, as delegates from both sides met in Cairo for negotiations.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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