European stocks cautiously higher as market uncertainty lingers; Sweden's Riksbank cuts rates

index was up 0.15% in early deals, with sectors and major bourses trading in mixed territory. Tech stocks added 1.28%, while oil and gas fell 1.2%.Reuters last week that the company was looking for a big pharma partner to help bring its weight loss drug to market.

In central bank news, Sweden's Riksbank cut interest rates by 25 basis points to 3.50% from 3.75%, and signaled more rate cuts to come. Global markets will now be focused on key Federal Reserve events this week. Minutes from the central bank's most recent meeting will be released Wednesday, before Fed Chair Jerome Powell's Jackson Hole, Wyoming, speech on Friday.

Both events could give investors more clarity on the outlook for interest rate cuts and what to expect at the Fed's next meeting. Fed futures funds pricing indicates a roughly 76% likelihood of central bank policymakers lowering rates by 25 basis points in September, per theVeteran investor Mark Mobius says this 'historically significant' factor could set back U.S. stocks

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

USD/JPY rises to near 148.00 as calm market sentiment dents Yen’s appealThe USD/JPY pair jumps to near 148.00 in Tuesday’s European session.
출처: FXStreetNews - 🏆 14. / 72 더 많은 것을 읽으십시오 »

European stocks open higher; UK wage growth falls to two-year lowEuropean stocks opened higher Tuesday, regaining some positive momentum after last week’s volatility.
출처: nbcsandiego - 🏆 524. / 51 더 많은 것을 읽으십시오 »