European stocks set for modest rise as Fed rate cut expectations grow

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

European stocks are seen opening cautiously higher Thursday after weaker-than-expected U.S. economic data gave investors cause to anticipate that the Federal Reserve will cut interest rates.

both closed Wednesday's session at all-time highs after U.S. private payrolls data fell significantly short of expectations, strengthening the Fed's case for lowering rates at its monetary policy meeting at the end of July. Markets stateside are closed Thursday for the Fourth of July holiday.

In trade war news, White House economic adviser Larry Kudlow told reporters on Wednesday that face-to-face trade talks between the U.S. and China will continue in the coming week.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Should the Fed stop charging interest on reserves?

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker