The Paris Stock Exchange Stable Before the Fed and the ECB
5 Articles
5 Articles
There's a lot of money at stake when the head of the US Federal Reserve speaks
At around 09:45, the CAC 40 flagship index fell by 0.03%, or 2.34 points, to 7.884.80 points. The previous day, it had finished an increase of 0.51% to 7.887.14 points. The Fed has to announce its decision at 19:00. Markets expect a status quo after the September rise but anticipate a further tightening in December. The European Central Bank (ECB) will meet on Thursday. "The ECB must no longer only deal with inflation, but also with interest rat…
After a positive day on Tuesday, the Paris Stock Exchange is moving in balance on Wednesday 28 October. Caution is needed before the monetary policy decision of the US Federal Reserve and that of the European Central Bank (Thursday).
European stock markets ended the third trading day of the week with mixed results; the Stoxx Europe 600 rose 0.07% to 644.14 points. Investors are focused on the interest rate decisions to be announced this week by the Fed and the ECB.
Operators widely discount that the rate will remain unchanged, so they will look for clues about future movements in their communication.
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