News Formal

European stocks outperform as Italy soothes bank tax nerves

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 53%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Global stocks rose on Wednesday, with European equities outperforming as Italy soothed market nerves about a windfall tax on bank profits and Wall Street stock futures pointing to a minor gains ahead of Thursday's U.S. inflation data.

a charge of as much as 0.5%, although questions about a global trend of bank windfall taxes remained.

In the U.S., stock markets were on track to rise as optimism that a peak in inflation could steer the Federal Reserve towards cutting interest rates outweighed jitters about the health of the domestic banking sector. Data out of China on Wednesday showed producer prices in the world's major manufacturing hub fell for a 10th consecutive month in July. China's consumer price index also tipped intofigures out of China a day earlier.

Strategists at BCA warned that even though U.S. businesses saw inflation easing, a tight labour market showed that "inflationary risks have not yet been extinguished," meaning the Federal Reserve would remain "reluctant to meaningfully cut interest rates."

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 31. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The global videogame industry is on a tear - TechCentralThe global videogames market will return to growth in 2023 on the back of strong sales of consoles, according to new research.
Источник: TechCentral - 🏆 8. / 71 Прочитайте больше »