European shares expected to open mixed after gains, U.S. futures steady

From Nasdaq: 2025-03-20 01:35:35

European stocks are expected to open on a mixed note after four days of gains, while U.S. stock futures remained steady following a rally on dovish Fed outlook. The Fed held interest rates steady and hinted at the possibility of two rate cuts by year-end due to economic uncertainty. Brazil’s central bank raised interest rates by 100 basis points for the third time, with a smaller hike expected next meeting. On the economic front, U.S. reports on jobless claims, home sales, and leading indicators are due. Geopolitically, a partial ceasefire between Ukraine and Russia was agreed upon. Asian markets were mixed, with China’s central bank keeping interest rates steady. Gold prices reached a new peak above $2,050, and oil prices rose after a positive U.S. government report. U.S. stocks ended higher, with the Nasdaq Composite up 1.4 percent. European stocks rose for a fourth consecutive day, with the STOXX 600 gaining 0.2 percent. France’s CAC 40 rose 0.7 percent, the U.K.’s FTSE 100 finished slightly higher, and Germany’s DAX dipped 0.4 percent.



Read more at Nasdaq: European Shares Seen Opening Mixed; BoE Rate Decision Eyed