European stocks set to open higher on ECB stimulus hopes and US tariff delay

The ECB rate decision is expected at 12:45 p.m. London time, with markets widely anticipating a significant package of monetary stimulus from the central bank, butStocks received a boost Wednesday after President Donald Trump announced a two-week delay to the increased tariffs on $250 billion worth of Chinese imports expected on October 1.

The "Operation Yellowhammer" paper also anticipates protests and counter-protests, and a possible rise in public disorder.from the Withdrawal Agreement negotiated by his predecessor Theresa May. European leaders have previously said the mechanism, which relates to maintaining a seamless border on the island of Ireland, is non-negotiable., while Italian leaders have also vowed to monitor the deal closely to ensure Italy's stock exchange is protected should the deal go through.

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European stocks seen lower on Brexit stalemate as investors await ECB meetingEuropean stocks were seen lower Tuesday morning after U.K. Prime Minister Boris Johnson lost a second bid to hold an early election but reiterated his pledge to leave the EU on October 31. Investors also have one eye on an impending meeting of the ECB, with markets hopeful of a monetary stimulus package on Thursday.
Source: CNBC - 🏆 12. / 72 Read more »