European markets higher on busy week for central bank action
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 08 2024
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Source: CNBC
- European Markets: European stocks started the week higher, with a focus on upcoming data releases and central bank decisions.
- U.S. Market Outlook: U.S. stocks had a mixed week but were boosted by a strong jobs report; investors are awaiting the U.S. consumer price index release.
- Central Banks: The European Central Bank is set to meet for its monetary policy decision, while the Fed's timeline for rate cuts remains uncertain.
- Stock Updates: Shares of German retailer Zalando rose after an analyst upgrade, while gambling firm Entain saw gains amid private equity interest.
- Economic Reports: Bank of America economists expect a moderation in inflation, potentially paving the way for a Fed rate cut in June.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
