European stocks closed notably lower on Wednesday on concerns about rising inflation in several countries across Europe, and hawkish comments from ECB policymakers, as well as doubts of the Federal Reserve cutting interest rates anytime soon.
European stocks may open on a firm note Monday after U.S. lawmakers released a stopgap spending bill to keep the government funded until early March, greatly reducing the chances of an imminent government shutdown.
European stocks may open a tad higher on Friday as investors react to mixed economic data from China and await earnings from large U.S. banks later in the day for direction.
European stocks advanced on Friday, following dovish comments from European Central Bank (ECB) President Christine Lagarde who said the central bank will start lowering rates once inflation heads back to the 2 percent goal.
European stocks closed higher on Friday, lifted by data showing stronger then expected UK economic growth, and dovish comments from European Central Bank President Christine Lagarde who said the central bank will start lowering rates once inflation heads back to the 2% goal.