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Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
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2024-06-04 09:05:37

Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: European Stocks Fall as Traders Weigh Weak US Data and Strong Expectations for Fed ...

European Stocks Fall as Traders Weigh Weak US Data and Strong Expectations for Fed Policy Easing
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#0265b35c ver:1.73

European stocks fall as traders weigh weak US data and strong expectations for Fed policy easing. The ECB is expected to cut rates before the Fed, giving European stocks an advantage. Lower interest rates could lead to higher stock prices, favoring value and small-cap stocks. Promising sectors include banks and energy companies. US economic growth slowed in Q1, while Eurozone economic confidence improved in May. Asian stocks gain as confidence in rate cuts grows. US stock futures steady as investors await rate cuts in Europe and Canada. London markets set for a muted open ahead of ECB rate cut decision. European shares fall as concerns about US economy clash with expectations for Fed easing. Energy stocks decline, while US data shows factory activity shrinking....

#newstr #EuropeanStocks #UsEconomy #FederalReserve #CrudeOilPrices #JobOpenings #InterestRates

https://here.news/story/0265b35c?ver=1.73
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