LIVE MARKETS-Europe before the bell: Europe futures rise on bets for Fed cuts
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
EUROPE BEFORE THE BELL: EUROPE FUTURES RISE ON BETS FOR FED CUTS
European futures rose on Thursday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next week and beyond.
EuroSTOXX50 and FTSE 100 futures added 0.2–0.3%.
The joy spread to Asian markets, with indexes in Japan, South Korea and Taiwan all hitting or nearing record peaks. Chinese stocks hit a 3-1/2-year high, spurred on by lofty expectations for AI-related earnings growth.
The European Central Bank kept its key interest rate on hold at 2% for a second straight meeting, with ECB chief Christine Lagarde saying the central bank remains in a "good place" and said risks to the economy had become more balanced than before.
Coming next, Fitch Ratings is expected to give its verdict on French public finances after markets close on Friday after the confidence motion on September 8.
In corporate news, the board of Spanish lender Sabadell SABE.MC on Friday unanimously recommended its shareholders not to accept BBVA's BBVA.MC hostile takeover, adding that it undervalued the bank, it said in a statement.
(Joice Alves)
*****
EARLIER ON LIVE MARKETS:
MARKETS TO FED: WE'LL TAKE FIVE TO GO, PLEASE CLICK HERE
Related Articles
What Is Worldcoin? Why Did WLD Surge Suddenly, and What’s Next?
Worldcoin is evolving from a “hype token” into a foundational layer for global identity. Its fusion of biometrics, blockchain, and financial inclusion has earned growing recognition from users and institutions. If it can overcome technical hurdles, launch real-world payment use cases, and stabilize
Why Does Hyperliquid Keep Hitting New Highs? Can HYPE Continue Its Rally?
Hyperliquid is a decentralized derivatives trading platform launched in 2023, designed to deliver high-performance, low-latency, permissionless trading. Its mission is to offer a self-custodied and transparent experience that rivals, or even surpasses, centralized exchanges (CEXs) — earning it the n
Fed to Cut Rates: All Asset Prices Up!
TradingKey - The Federal Reserve is almost certain to restart its interest rate cut cycle on 17 September this year. After in-depth research, we have concluded that cryptocurrencies, the broader U.S. stock market, and short-term U.S. Treasury bonds will all go up.
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks ahead
