European stocks are expected to open higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank.
European stocks are expected to open higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank .Investors will be keeping an eye on earnings from Spanish clothing company Inditex. On the data front, final purchasing managers' index data for the euro zone in May, a measure of services and manufacturing activity in the single currency area, is due.
The ECB is widely expected to cut interest rates for the first time since 2019 when policymakers meet on Thursday, but investors will watch closely to see whether a slightlyEuropean Central Bank President Christine Lagarde speaks as she presents the bank's Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024.
U.S. stock futures were near flat Tuesday night as investors geared up for private payroll data, with economists polled by Dow Jones anticipating the data will show private employers added 175,000 jobs in May.
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