European markets poised to begin the new trading week with a gloomy outlook
European Market Outlook: European stocks are expected to open lower, with the U.K.'s FTSE down 0.13%, Germany's DAX and France's CAC 40 slightly lower, and Italy's FTSE MIB down 0.2%.
Investor Sentiment: The negative sentiment follows a challenging week for European markets, driven by concerns over an artificial intelligence bubble and the global economy, leading to sharp declines on Friday.
U.S. Federal Reserve Impact: Recent comments from U.S. Federal Reserve officials have led investors to reassess the likelihood of a rate cut in December, with current market expectations showing only a 56.1% chance of rates remaining unchanged.
Asia-Pacific Market Reaction: Mixed trading in Asia-Pacific markets is noted as investors react to rising tensions between Japan and China, particularly after China issued travel warnings regarding Japan.
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