European Stocks Dip Ahead of US Jobs Data
Bloomberg – We’re anticipating a downward trend in European stock markets at the start of trading this Friday. This comes as investors eagerly anticipate crucial US employment data, which is expected to shed light on the Federal Reserve’s upcoming policy decisions. Over the past week, the markets have experienced a downturn, driven by investors’ diminishing hopes for rapid and significant interest rate reductions from the world’s leading central banks.
Additionally, today’s focus will also be on the latest Eurozone inflation and construction PMI data for December. In premarket activities, both the Euro Stoxx 50 and FTSE 100 indices are showing a decrease of approximately 0.6%.
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