European markets open marginally higher as Fed minutes point to likely September cut

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European markets open marginally higher as Fed minutes point to likely September cut
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European stocks opened marginally higher Thursday as investors look for indications from the Federal Reserve on the future path of interest rates.

City of London skyline on 10th June 2024 in London , United Kingdom. The City of London is a city, ceremonial county and local government district that contains the primary central business district CBD of London . LONDON — European stocks opened marginally higher on Thursday as investors look for indications from the Federal Reserve on the future path of interest rates.index was up 0.10% in early trade, with the majority of sectors and major bourses in the green.

It comes after the pan-European benchmark ended the day higher on Wednesday, with the majority of sectors in positive territory as markets rebounded after snapping a winning streak on Tuesday.showed that officials had moved closer to a long-awaited interest rate cut during their July meeting, with the vast majority of participants agreeing that a reduction was "likely" come September if the data "continued to come in as expected.

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