European stock markets headed for a downward opening Friday as traders assess the prospects that the Fed is likely to keep interest rates higher for longer, as well as evaluate mixed economic data.
European stock markets moved in a bearish trend Thursday, with Milan alone just above parity. Trading floors have strengthened positioning on a September interest rate cut by the Federal Reserve,.
The Mib remains bullish in the 35,400 area Thursday, propping up 16-year highs, as trading floors focus on corporate reports that, though fewer and fewer, are gradually being released. On the.
Piazza Affari closed slightly higher on Thursday s session, with the timing of corporate results easing considerably compared to the eve. Chris Beauchamp, Chief Market Analyst at IG, said, Oil has.
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