European stocks are jumping as traders bet on loose Fed policy, while US markets break for the 4th of July

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European stocks are jumping as traders bet on loose Fed policy, while US markets break for the 4th of July
Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Traders are betting weak hiring and commercial data will mean lower interest rates. Markets are closed in the US on July 4.

US markets are closed for the July 4 holiday. European stocks rose on Wednesday as disappointing US employment and commercial data fueled anticipation of looser monetary policy. US hiring figures from payment-processor ADP missed market forecasts, while the ISM non-manufacturing PMI survey delivered its lowest reading in nearly two years.

US markets are closed for the July 4 holiday. European stocks rose on Wednesday as disappointing US employment and commercial data fueled anticipation of looser monetary policy. US hiring figures from payment-processor ADP missed market forecasts, while the ISM non-manufacturing PMI survey delivered its lowest reading in nearly two years.

 

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