Global stocks mixed as ECB expected to keep borrowing rates unchanged

From Barchart: 2024-04-08 17:00:16

Global equities were mixed to start the week, with major European bourses gaining. The European Central Bank is expected to keep borrowing rates unchanged on Thursday, signaling a potential change in light of improving inflation data. Market participants are awaiting US inflation data and the start of earnings season, with JPMorgan cautioning about overvalued US equity markets. Gold prices spiked while oil prices retreated. Stocks remained largely flat.



Read more at Barchart: Global stocks mixed ahead of ECB decision, US inflation data