European Stocks Rise, Long-Dated Yields Ease Ahead of US Jobs Data
Optimism for a September Federal Reserve rate cut lifts European stocks; Orsted lowers earnings forecast citing lower offshore wind speeds and legal challenges in the U.S.
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GLOBAL MARKETS-European stocks rise, long-dated yields ease ahead of US jobs data
"Beyond that, the terminal rate and how you get there, that's arguably still up for grabs." Market sentiment has recovered in recent sessions after global stocks fell earlier this week and long-date bond yields in Europe hit their highest in years, as investors became concerned about the state of various countries' finances, particularly Britain and France.
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Total News Sources7
Leaning Left1Leaning Right0Center4Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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