European stocks edge higher, Wall Street futures flat
European stock indexes edged higher on Monday, while Wall Street futures struggled to make gains as investors weighed up recession fears with hopes that inflation could be past its peak.
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European stock indexes edged higher on Monday, while Wall Street futures struggled to make gains as investors weighed up recession fears with hopes that inflation could be past its peak.
Signs of inflation softening, falls in commodity prices and the easing of China’s Covid restrictions have raised hopes that a global economic downturn may not be as severe as feared
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Markets could remain volatile until a replacement is named, and any new leader will struggle to fix the UK’s weak economy and double-digit inflation.
The mantra that investors had no alternatives to stocks has given way to a panoply of actual choices.