European markets are heading for a negative open Thursday as momentum continues to decline.
slid modestly Wednesday night after a session in which the broad-market index added to its longest winning streak since November 2021. Investors will be keeping an eye out for data on U.S. jobless claims on Thursday, as well as remarks from a slate of Federal Reserve officials, including chair Jerome Powell.
Notably, however, gold stocks underperformed gold prices by about 20% in the last three months, the investment bank's analysts said, naming several stocks to play the"golden opportunity."The bond bear market is the worst in more than 200 years, according to BNP Paribas' global chief investment officer.
But, he said, one corner of the bond market is an opportunity for investors: U.S."fallen angels" in the high-yield credit segment.
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