Nasdaq: European Markets Brace For Positive Opening
From Nasdaq:
– Renewed expectations of rate cuts by the Federal Reserve and positive sentiment in Wall Street are expected to boost European markets
– Wall Street closed positively on Tuesday, with the Nasdaq Composite and Dow Jones Industrial Average both making gains
– European stock futures and American stock futures indicate a positive sentiment, while Asian stock markets are mostly trading positively stimulated by Wall Street’s progress
– The Dollar Index (DXY) is trading flat, with the EUR/USD pair and GBP/USD pair both showing minor increases
– Gold Futures are up 0.36 percent, Brent Crude Futures are up 0.11 percent, and WTI Crude Futures are down 0.07 percent
– No major data releases are due from Europe on Wednesday
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