EURUSD: European stock futures higher; BOE decision
Thursday is expected to see a stronger opening for European stock markets after Wall Street saw a big increase on mounting expectations that the Federal Reserve has finished raising interest rates.
After the US Federal Reserve's most recent policy-setting meeting, investors grew more confident that the next move in US interest rates would be a decrease rather than an increase. European stocks are predicted to carry on the strong momentum on Wall Street overnight, with the Nasdaq Composite up 1.6%.
As was largely anticipated, the Fed held interest rates constant on Wednesday. Chairman Jerome Powell did not explicitly commit to the concept of another rate hike, however, in his remarks.
Back in Europe, it was the turn of the Bank of England to make its most recent monetary policy announcement at
After the US Federal Reserve's most recent policy-setting meeting, investors grew more confident that the next move in US interest rates would be a decrease rather than an increase. European stocks are predicted to carry on the strong momentum on Wall Street overnight, with the Nasdaq Composite up 1.6%.
As was largely anticipated, the Fed held interest rates constant on Wednesday. Chairman Jerome Powell did not explicitly commit to the concept of another rate hike, however, in his remarks.
Back in Europe, it was the turn of the Bank of England to make its most recent monetary policy announcement at
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