European stocks open mixed amid Middle East tensions, Fed Chair Powell speech, and anticipation of US interest rate cuts.
European stocks are expected to open mixed on Monday as investors focus on geopolitical tensions in the Middle East and await a speech from Fed Chair Jerome Powell. Anticipation of further U.S. interest rate cuts, following a recent reduction, is shaping market sentiment. Upcoming U.S. reports on manufacturing, services, and September jobs may influence perceptions ahead of the Federal Reserve's monetary policy meeting on November 6-7.
September 30, 2024
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