News Formal

European stocks rise ahead of Powell speech on interest rates

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Good morning. * Financial markets are waiting for Jerome Powell's speech, and stock futures are higher. * That's pretty much it.

The German DAX DAX, +0.34% increased 0.38% to 11792.12, the French CAC 40 PX1, +0.44% increased 0.41% to 5410.51 and the U.K. FTSE 100 UKX, +0.68% rose 0.74% to 7181.04.

What’s happening Federal Reserve Chairman Jerome Powell is due at 10 a.m. Eastern Time to address the Jackson Hole conference on challenges for monetary policy. After European markets close, Bank of England Governor Mark Carney also will address the venue. Separately, in Italy, President Sergio Mattarella has given parties until Tuesday to work out a deal or face new elections.

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:

 /  🏆 3. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The market has no fundamentals. It's based solely on central bank policy. There is no such thing as free market capitalism. And people wonder why, in 2019, socialism is still embraced.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

European stocks set to open higher as investors await Powell speechEuropean stocks are set for a higher open Friday as investors await a speech from U.S. Federal Reserve Chairman Jerome Powell. Grainfractals It's all about the Fed. Not even a market anymore.
Source: CNBC - 🏆 12. / 72 Read more »