European stocks may open flat to slightly higher on Thursday amid bets that policymakers at the Fed, ECB and BOE will cut rates at their June meetings. Fed officials will likely reduce their benchmark interest rate later this year, Chair Jerome Powell said Wednesday but nevertheless emphasized the need for more evidence that inflation is easing.
Major European markets closed higher on Tuesday with investors picking up stocks amid hopes several central banks will likely lower interest rates sooner than later.
European stocks are likely to open on a mixed note Monday ahead of a shortened trading week, given the upcoming Good Friday holiday. Inflation and interest-rate worries may remain on investors' radar ahead of a slew of U.
European stocks turned in a mixed performance on Monday with investors awaiting more economic data, including U.S. personal income and spending report, for directional clues.
European stocks were flat to slightly higher on Wednesday as investors digested mixed earnings results and looked ahead to the release of more U.S. data this week for clues on when the Federal Reserve will begin cutting interest rates.