The European stock market rose on Thursday morning. Investors waited for the ECB to make dovish remarks. On the other hand, corporate earnings performance was mixed. After cutting interest rates slightly in September, the ECB is expected to cut interest rates by 25 basis points on Thursday, the third time since this year. Due to slowing inflation and the weakness of the Eurozone economy, the money market will look for any clues from the ECB, including comments from the Governor, to justify their expectations of cutting interest rates three more times before March 2025.

Zhitongcaijing · 10/17 09:01
The European stock market rose on Thursday morning. Investors waited for the ECB to make dovish remarks. On the other hand, corporate earnings performance was mixed. After cutting interest rates slightly in September, the ECB is expected to cut interest rates by 25 basis points on Thursday, the third time since this year. Due to slowing inflation and the weakness of the Eurozone economy, the money market will look for any clues from the ECB, including comments from the Governor, to justify their expectations of cutting interest rates three more times before March 2025.