European stock markets are heading for a mixed open on Friday as attention turns to inflation prints from some of the region’s biggest economies, along with the U.S.
Price rise data is due from France, Spain, Italy and Germany, ahead of the flash August reading for the euro area next Tuesday.
Stateside, investors will be monitoring the personal consumption expenditures price index, a key metric for the Federal Reserve. It comes after Fed Chair Jerome Powell stoked expectations for an interest rate cut in September with a speech last week widely interpreted as dovish-tilting. Interest rate trading currently places around an 85% probability on a cut next month, according to CME’s FedWatch tool.
Stoxx 600 index.
Breaking News: Europe,Economy,Markets,FTSE MIB,JDE Peets NV,Keurig Dr Pepper Inc,Pernod Ricard SA,NVIDIA Corp,United States,Jerome Powell,France,Italy,STOXX 600,Germany,Economic events,Francois Bayrou,Rhode Island,Donald Trump,Puma SE,Puma SE,CAC 40 Index,NVIDIA Corp,FTSE 100,DAX,Commerzbank AG,Commerzbank AG,NASDAQ 100 Index,S&P 500 Index,Microsoft Corp,Alphabet Class A,Meta Platforms Inc,Amazon.com Inc,China,Goldman Sachs Group Inc,Deutsche Bank AG,Pernod Ricard SA,Tesla Inc,Drax Group PLC,BYD Co Ltd,BYD Co Ltd,Spain,Prices,Remy Cointreau SA,business news
#European #markets #Fri #Aug #August #gains #Inflation #prints