European stocks hit all-time highs as oil, gold prices rise.

European stocks reached new all-time highs on Tuesday, driven by rising oil and gold prices. The dollar held firm while traders reduced their expectations for US Federal Reserve rate cuts, awaiting eurozone inflation data for guidance on the European Central Bank's policy path. US manufacturing data showed growth for the first time in 1.5 years, suggesting a strong economy. However, eurozone manufacturing activity continued to contract.

April 02, 2024
14 Articles