European stocks expected to open with solid notes

European stocks could open positively on Monday, and optimism about vaccine deployments and central bank stimulus could provide some support.

EU drug regulator COVID-19 task force head of AstraZeneca on Sunday Coronavirus The vaccine had a favorable risk and benefit profile for all age groups, especially those over the age of 60.

Meanwhile, as speculation about the Wuhan Institute of Veterans Affairs’ leak theory grows, World Health Organization (WHO) chief Tedros Ghebreyesus has asked China to cooperate with an ongoing investigation into the origin of COVID-19.

Asian market Investors are looking forward to this week’s Federal Reserve Board policy meeting for clues as to whether the Fed will fine-tune its interest rate or inflation forecasts in the light of the U.S. I had a hard time in the direction EconomyFurious recovery.

Gold fell to its lowest level in more than a week due to the strong dollar, but Bitcoin surpassed US $ 39,000 after Elon Musk said it would resume permitting Bitcoin trading as miners use more renewable energy. It was traded.

Oil remained close to its first high in years, supported by improved demand outlooks backed by increased travel restraints due to increased vaccination.

Eurostat will release April Eurozone industrial production data later that day. Economists expect production to rise 0.4% from the previous quarter, faster than the 0.1% rise in March.

US stocks closed almost high on Friday as bond yields fell in the Fed and ECB dovish negotiations and rose more than expected in early June.

The Dow rose slightly as a bipartisan group of 10 senators announced infrastructure spending plans.

The S & P 500 rose 0.2% to a record high closing price. Meanwhile, the technology-intensive Nasdaq Composite has risen 0.4% to its highest closing price in more than a month.

European stocks rose on Friday, despite prolonged inflation concerns. The Pan-European STOXX 600 rose 0.7%.

Both the German DAX and the French CAC 40 index rose about 0.8%, while the UK FTSE 100 rose 0.7%.

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European stocks expected to open with solid notes

Source link European stocks expected to open with solid notes

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