Wednesday, May 31, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Europe & Middle East

European markets look to the U.S. Federal Reserve announcement

MtR by MtR
June 16, 2021
in Europe & Middle East
0
European markets look to the U.S. Federal Reserve announcement


LONDON — European stocks are expected to open slightly higher, as markets await the outcome of the U.S. Federal Reserve’s policy meeting on Wednesday.

London’s FTSE is seen opening 13 points higher at 7,183, Germany’s DAX up 13 points at 15,745, France’s CAC 40 up 6 points at 6,648 and Italy’s FTSE MIB up 48 points at 25,756, according to IG.

Global market attention will be on the outcome of the Federal Reserve’s two-day meeting due on Wednesday.

U.S. stock index futures were little changed during overnight trading on Tuesday. U.S. stocks pulled back from record levels during Tuesday’s trading session, with the S&P 500 closing 0.2% lower after hitting an all-time high earlier in the day.

The central bank is not expected to make any policy moves, but it could signal that it’s beginning to think about easing its bond-buying policy.

The Fed will also release new forecasts on Wednesday, which could indicate a possible first rate hike penciled in for 2023. Previously, Fed officials hadn’t come to a consensus for a rate hike through 2023.

The meeting comes as inflation heats up, with producer prices rising at their fastest annual rate in nearly 11 years during May. This has prompted some, including Paul Tudor Jones, to call for the central bank to rethink its easy monetary policy.

Meanwhile, shares in Asia-Pacific were mixed in Wednesday trade as investors looked ahead to data releases in China as well as the Fed’s latest decision. China is set to announce industrial production and retail sales for May later Wednesday.

The U.K. will release inflation data for May on Wednesday, but there are no other major earnings releases expected.

Enjoyed this article?
For exclusive stock picks, investment ideas and CNBC global livestream
Sign up for CNBC Pro
Start your free trial now

– CNBC’s Pippa Stevens contributed reporting to this story.



Source link

Related articles

Heptanoic Acid Market Size to Grow by USD 604.03 million with 41% contribution from Europe, 17,000+ Technavio Reports

Heptanoic Acid Market Size to Grow by USD 604.03 million with 41% contribution from Europe, 17,000+ Technavio Reports

August 10, 2022
Caffeine Substitute Market to Observe Highest Growth of USD

Caffeine Substitute Market to Observe Highest Growth of USD

August 10, 2022

Related Posts

Heptanoic Acid Market Size to Grow by USD 604.03 million with 41% contribution from Europe, 17,000+ Technavio Reports

Heptanoic Acid Market Size to Grow by USD 604.03 million with 41% contribution from Europe, 17,000+ Technavio Reports

by MtR
August 10, 2022
0

Key Market Dynamics The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers,...

Caffeine Substitute Market to Observe Highest Growth of USD

Caffeine Substitute Market to Observe Highest Growth of USD

by MtR
August 10, 2022
0

BIRMINGHAM, Aug. 10, 2022 (GLOBE NEWSWIRE) -- A Qualitative Research Study accomplished by Data Bridge Market research's catalogue of 350...

Offshore Wind Power Market: 53% of Growth to Originate from Europe, Monopile Segment to be Significant for Revenue Generation

Offshore Wind Power Market: 53% of Growth to Originate from Europe, Monopile Segment to be Significant for Revenue Generation

by MtR
August 10, 2022
0

Offshore Wind Power Market: Segmentation Analysis The market research report segments the offshore wind power market by Type (monopile, jacket, and others)...

High Visibility Clothing Market Size [2022-2028] To Reach

High Visibility Clothing Market Size [2022-2028] To Reach

by MtR
August 9, 2022
0

WASHINGTON, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Vantage Market Research’s recent analysis of the Global High Visibility Clothing Market finds...

IT spends in good shape; see continued strength in US, European markets: Infosys CEO Salil Parekh

IT spends in good shape; see continued strength in US, European markets: Infosys CEO Salil Parekh

by MtR
August 9, 2022
0

Infosys CEO Salil Parekh. (File photo)Bengaluru: India's second-largest IT services company Infosys is "comfortable" with the higher revenue growth guidance...

Load More
  • Trending
  • Comments
  • Latest
Bank of England tells ministers to intervene on digital currency ‘programming’

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021
Tips for checking smoke alarms during daylight saving time

Tips for checking smoke alarms during daylight saving time

March 12, 2022
GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
What will Durham County education bonds pay for? A full list

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0
Investment in overseas real estate surges : The DONG-A ILBO

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022
U.S. inflation CPI report, Wall Street, currencies

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022
Alberta oil production set new record in first half of 2022

Alberta oil production set new record in first half of 2022

August 10, 2022
Industrial Lubricants Market to Reach $71 Billion by 2027.

Industrial Lubricants Market to Reach $71 Billion by 2027.

August 10, 2022

Recent News

Investment in overseas real estate surges : The DONG-A ILBO

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022
U.S. inflation CPI report, Wall Street, currencies

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022
Alberta oil production set new record in first half of 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter