Bets that ECB could beat the Fed with first rate cut drives up German stocks, weighs on euro
The euro dipped and German stocks are at fresh four-month highs as eurozone inflation fell by more than expected in November.
Source: marketwatch.com
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Europe close: Falling luxury and oil stocks push markets lower
European investors adopted a cautious approach on Thursday after three straight days of gains, as mixed corporate earnings and heavy falls from luxury and oil stocks weighed on markets.
Source: sharecast.com
London midday: Stocks tick higher amid earnings deluge; Powell speech eyed
London stocks had ticked higher by midday on Thursday as investors mulled the latest Chinese inflation data, waded through a deluge of corporate news and eyed another speech by Federal Reserve chair Jerome Powell.
Source: sharecast.com
Bitcoin eyes $40,000 as ETF optimism send the crypto to 18-month high
Bitcoin rose Thursday to as high as $37,960, its highest level since May 2022, on hopes that an exchange-traded fund investing directly in the cryptocurrency...
Source: marketwatch.com
London close: Stocks gain as investors await Powell speech
London’s stock markets were buoyant at the close of trading on Thursday, influenced by Chinese inflation data, a substantial influx of corporate news, and a speech from the Fed chair later in the global day.
Source: sharecast.com