European stocks saw an upbeat open Wednesday as global markets look ahead to the release of U.S. inflation data for March.
European stocks opened higher Wednesday, as global markets look ahead to the release of U.S. inflation data for March.
"Price pressures in Norway are decreasing faster than anticipated... Norges Bank has scheduled the start of the easing cycle for Q4. Another downside surprise fuels speculation that the monetary authorities will abandon their hawkish stance sooner," Bartosz Sawicki, market analyst at Conotoxia, said in a note.
However, Fitch affirmed its A+ rating on China, citing supporting factors including its large and diversified economy, solid GDP growth prospects relative to peers and an integral role in global goods trade.CNBC Pro: Here are 3 dividend stocks that could offer passive income, fund managers say Meanwhile, Brian Leonard, portfolio manager at Keeley Teton, told CNBC Pro that he looks for high-quality companies that pay a dividend and trade at a discount to their"intrinsic value." He also citied spin-off situations as an investment opportunity.CNBC Pro: These global stocks are the most overbought — and could be due for a pullback
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