Investing.com - European stock markets traded largely lower Friday, with doubts remaining over valuations going forward given the weak state of regional economies.gained roughly 6% in 2024, but suffered its worst quarterly drop in more than two years from October to December, weighed by regional political uncertainty, worries over monetary policy as well as concerns that Donald Trump’s return to the White House will result in a trade war.
China's President Xi Jinping pledged more proactive policies to promote growth earlier this week, and the Financial Times reported on Friday that the Chinese central bank is reportedly planning to cut interest rates from the current 1.5% level “at an appropriate time” this year. The outlook for oil demand largely hinges on the hope that China, the second largest economy in the world, can revive its economy, especially as there are concerns about a potential oversupply due to expected increases in production from non-OPEC countries.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.
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