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European stocks may open on a positive note Monday after U.S. markets posted strong gains on Friday amid optimism that the economy remains healthy. Easing geopolitical tensions in the Middle East may also help underpin investor sentiment after Israel's military said that it was reducing its numbers of soldiers from southern Gaza amid talks for a potential ceasefire.
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.
Global equity markets have ended the Financial Year 2023-24 on a higher note. Major global equity benchmarks surged significantly and rose up to 44% this year.
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.