European stocks edge higher; PMIs and quarterly earnings in focus

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 86 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 53%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

European stocks edge higher; PMIs and quarterly earnings in focus

Investing.com - European stock markets edged higher Thursday, as investors digested more third-quarter corporate earnings as well as the latest regional economic activity data.Investors will study a raft of preliminary Purchasing Managers' Index readings from the major eurozone countries during Thursday’s session, amid concerns about the region’s growth prospects.

Business activity in the bloc is expected to have remained in contractionary territory this month, keeping pressure on the European Central Bank to continue cutting interest rates.has cut interest rates three times already this year, all by 25 basis points, and expectations are growing that the central bank will agree to a larger reduction of half a percentage point in December.

Oil prices have gained nearly 4% so far this week, helping trim last week's losses of than 7% on worries about Chinese demand and easing concerns about potential disruptions caused by fighting in the Middle East.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.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 450. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين