European markets opened slightly higher on Friday, as investors reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
European markets were slightly lower on Friday, as investors monitored corporate results and reacted to quarter-point interest rate cuts from the U.S. Federal Reserve and Bank of England.
The move, which brought a dramatic end to the country's three-way coalition government, raises the possibility of an immediate no-confidence vote and new elections. Scholz has said he does not want to call a vote of confidence before mid-January.were mixed on Friday, with investors closely monitoring the final day of China's National People's Congress, which is expected to announce fiscal stimulus measures.
"In the first half of this fiscal year, we continued to deliver sustained resilience in a world where uncertainty has become the norm," Johann Rupert, chairman of Richemont, said in a statement. Former U.S. President Donald Trump's victory over Vice President Kamala Harris in this week's election has raised questions about how Asia will be impacted.
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