News Formal

European stocks head for higher open as markets monitor Ukraine, growth outlook

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

United States News News

United States United States Latest News,United States United States Headlines

European stocks are expected to open higher on Wednesday as investors monitor developments in Ukraine and assess the IMF's latest global economic forecasts.

Investors are also digesting the latest gloomy global economic forecasts from the International Monetary Fund and World Bank.for 2022 and 2023, saying the economic impact from Russia's invasion of Ukraine will "propagate far and wide." On Monday, the World Bank lowered its global growth forecast for 2022 by nearly a full percentage point, from 4.1% to 3.2%, citing the pressure that Russia's invasion of Ukraine has placed on the global economy.

Data releases include euro zone industrial production for February and new car registrations for March in a number of European countries including the U.K., Germany and France.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

”growth outlook”! 🤭

May be blinded by the illusion.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech stocks rally after an early loss, leading market higherStocks closed higher on Wall Street Tuesday as technology stocks rallied following a weak start
Source: WOKVNews - 🏆 247. / 63 Read more »

Stock Futures Rise Ahead of Busy Earnings DayStock futures moved higher on Monday evening after stocks slipped during regular trading hours.
Source: NBCDFW - 🏆 288. / 63 Read more »

5 things to know before the stock market opens MondayU.S. stock futures fell Monday as the 10-year Treasury yield rose to a more than three-year high of around 2.87%.
Source: CNBC - 🏆 12. / 72 Read more »