European markets open positively after US Federal Reserve maintains rates and Chair Powell indicates no imminent rate hike.
European markets open positively as global markets react to the US Federal Reserve's decision to keep rates steady at 5.25%-5.5% in their May meeting. Fed Chair Jerome Powell says a rate hike is unlikely. US stock futures rise as investors anticipate more corporate earnings. The day is also busy for earnings reports in Europe, with companies like AXA, ArcelorMittal, and Shell among those releasing their results.
May 02, 2024
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