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EMEA Morning Briefing: Global AI-Driven Rally May Push Shares Higher

EMEA Morning Briefing: Global AI-Driven Rally May Push Shares Higher
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European Midday Briefing: Upbeat Mood Pushes Stocks Modestly Higher

European Midday Briefing: Upbeat Mood Pushes Stocks Modestly Higher
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European Midday Briefing : Upbeat Mood Pushes Stocks Modestly Higher - 2024-02-23

MARKET WRAPS

Stocks:

European stocks traded in positive territory on Friday as the mood remained relatively upbeat following this week s stellar earnings from Nvidia which propelled many.
-February 23, 2024 at 05:45 am EST
- MarketScreener ....

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EMEA Morning Briefing : Global AI-Driven Rally May Push Shares Higher -February 23, 2024 at 12:25 am EST

MARKET WRAPS

Watch For:

Germany GDP, Ifo business climate index; trading updates from Allianz, BASF, Deutsche Telekom

Opening Call:

European stock futures edged higher early Friday.. ....

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Utilize excess liquidity to revive the economy

Our financial landscape has lately witnessed a notable shift banks are now experiencing an influx of liquidity. This surplus liquidity in the market has led to a reduction in deposit interest rates across various banks. This adjustment reflects the changing dynamics of the financial sector. While lowering interest rates is a step in the right direction, it is not the sole solution. The current abundance of liquidity offers a distinctive opportunity for financial institutions to play a pivotal role in reinvigorating the economy that is on the verge of a recession. ....

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