From Nasdaq: 2025-01-29 00:37:21

European stocks are expected to open slightly higher as investors await the Federal Reserve’s monetary policy announcement. The Fed is likely to keep interest rates unchanged, with potential rate cuts on hold until the first half of the year. The European Central Bank is anticipated to cut rates by 25 basis points. U.S. tech giants Microsoft and Apple are reporting earnings. In Asia, markets are mixed with Australian and Japanese shares up. Gold prices are steady, while oil prices dip due to eased Libyan supply concerns. U.S. stocks rose after a tech slump, with durable goods orders down and consumer confidence weakening. European stocks hit a record high, with the STOXX 600 up 0.4%.



Read more at Nasdaq: European Shares To Open Higher As Investors Await Cues On Fed’s Policy Path