The IBEX 35 started the week with no clear trend, as investors focused on inflation data from the US and Europe to guide the outlook for global interest rates. The public holiday in the.
The European Central Bank is ready to cut interest rates next month but policy must continue to be restrictive this year as wage growth will not normalise until 2026, ECB chief economist Philip Lane told the Financial Times.The ECB has all but promised a rate cut for June 6, so the debate has shifte
European stocks were subdued on
Monday, with several major markets closed and investors taking a
cautious stance ahead of key inflation data from the United
States and Europe later this week. .
Euro zone government bond yields
struggled for direction on Monday ahead of key economic data
after rising last week as markets scaled back expectations for
the European Central Bank monetary.
European stocks were subdued on Monday with light trading activity due to major markets being closed. Investors are cautious ahead of key inflation data from the US and Europe. The pan-European STOXX 600 index saw a slight rise. The ECB may ease interest rates depending on upcoming inflation data.