European markets set to open positively on hopes of global trade easing and potential rate cuts
From Nasdaq, Inc.: 2025-07-01 01:52:00
Stock markets in Europe are set to open positively on Tuesday, fueled by hopes of easing global trade tensions and potential Fed rate cuts. Wall Street closed higher on Monday, with the Dow Jones and Nasdaq both gaining. European markets, however, closed lower as uncertainty loomed over trade negotiations. Asian markets are mixed, with South Korea and New Zealand gaining, while Japan’s Nikkei dropped amidst fresh tariff threats. The Dollar Index fell overnight, pushing gold prices higher. Oil prices dipped on expectations of an OPEC+ output hike. Economic data releases and earnings updates are expected today.
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