LIVE MARKETS-Europe before the bell: Buoyant mood continues
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EUROPE BEFORE THE BELL: BUOYANT MOOD CONTINUES
European share futures are pointing to a slightly higher open on Tuesday, on expectations that the Fed will resume cutting rates when it concludes its two-day policy meeting on Wednesday.
Euro STOXX 50 STXEc1 futures are up 0.2% after the index jumped 0.9% the day before to its highest since August 25.
Futures on the DAX FDXc1, CAC FCEc1 and FTSE FFIc1 are higher by 0.1%-0.2%.
The Bank of England is also set to announce its policy decision this week and is expected to keep rates on hold following a cut in August.
In corporate news, BNP Paribas BNPP.PA confirmed its 2025 net income target and provided more detail on longer-term targets. The French bank said a recovery in retail banking was expected to drive its ROTE to 13% in 2028.
(Samuel Indyk)
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EARLIER LIVE MARKETS POSTS:
FED OPENS SEPTEMBER MEETING WITH INDEPENDENCE UNDER THREAT CLICK HERE
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