European stocks set to open mixed due to central bank meetings and China data

From Nasdaq: 2024-12-16 00:39:24

European stocks are set to open on a mixed note as investors gear up for central bank meetings and economic data releases this week. The Federal Reserve is expected to announce a 25-bps rate cut, while the Bank of Japan and Bank of England are also set to make decisions. In the U.S., important economic data will be released, including GDP revisions and personal income/spending reports. Asian markets were lower on mixed economic readings from China, and South Korea impeached President Yoon Suk Yeol. U.S. stocks ended mixed on Friday, with the Dow marking its longest losing streak since 2020. European stocks also ended lower amid growth concerns and trade war fears.



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