newagebd.net on Nostr: European stocks, dollar recover from US jobs disappointment ========== European stock ...
European stocks, dollar recover from US jobs disappointment
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European stock markets and the dollar recovered on September 9, 2024, after significant declines due to concerns about the US economy; investors are anticipating an interest-rate cut from the European Central Bank (ECB) on September 12, 2024, as eurozone inflation approaches the ECB's 2% target; the US non-farm payrolls report showed only 142,000 jobs created in August, raising expectations for a Federal Reserve rate cut; analysts debate whether the Fed will cut rates by 25 or 50 basis points; disappointing revenue forecasts from Broadcom added to negative sentiment in the tech sector; Asian semiconductor stocks fell, with TSMC down over 2%; oil prices recovered slightly after OPEC delayed output boosts.
#EuropeanStocks #UsJobs #Disappointment #DollarRecovery #Ecb #Inflation #FederalReserve #Broadcom #Semiconductors #OilPrices
https://www.newagebd.net/post/mis/244821/european-stocks-dollar-recover-from-us-jobs-disappointment
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European stock markets and the dollar recovered on September 9, 2024, after significant declines due to concerns about the US economy; investors are anticipating an interest-rate cut from the European Central Bank (ECB) on September 12, 2024, as eurozone inflation approaches the ECB's 2% target; the US non-farm payrolls report showed only 142,000 jobs created in August, raising expectations for a Federal Reserve rate cut; analysts debate whether the Fed will cut rates by 25 or 50 basis points; disappointing revenue forecasts from Broadcom added to negative sentiment in the tech sector; Asian semiconductor stocks fell, with TSMC down over 2%; oil prices recovered slightly after OPEC delayed output boosts.
#EuropeanStocks #UsJobs #Disappointment #DollarRecovery #Ecb #Inflation #FederalReserve #Broadcom #Semiconductors #OilPrices
https://www.newagebd.net/post/mis/244821/european-stocks-dollar-recover-from-us-jobs-disappointment