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Waning excitement over rate cuts, uncertainty about key labor market updates from the U.S. as well as the weak trend in Wall Street are seen keeping market sentiment subdued at the European bourses on Tuesday.
Market sentiment for CAC-40 got a big boost amidst comments by an ECB official that hinted at potentially no more rate hikes by the ECB..
European shares are mostly higher in the mid day trading on Monday amid growing Fed rate cut expectations. Investors remain cautious ahead of the release of PMI and inflation readings from Germany as well as crucial jobs data from the U.
European stocks ended mostly lower on Monday as weak commodity prices triggered some heavy selling in oil and mining sectors..
European stocks closed on a bright note on Friday, buoyed by easing inflation in the U.S. and Eurozone, encouraging manufacturing data from the Eurozone and the U.