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European stocks may open on a firm note Monday despite the U.S. debt ceiling stalemate and renewed uncertainty about the Fed's rate path. U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet later today for talks on averting a catastrophic debt default.
French stocks struggled for direction on Monday as U.S. debt ceiling worries lingered. U.S. President Joe Biden and top Republican Kevin McCarthy are due to meet at the White House later today for talks on lifting the US debt ceiling.
French stocks opened higher on Friday to extend gains from the previous session amid hopes that the United States could soon reach debt ceiling deal to avoid a default.
European stocks advanced on Thursday after U.S. President Joe Biden and House Speaker Kevin McCarthy underscored their determination to reach a deal soon. This helped ease fears of a potential U.
European stocks look set to open broadly lower on Tuesday as investors react to disappointing Chinese data and await more news regarding the U.S. debt ceiling negotiations.