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Indonesia News Portal for Traders | Financial & Business Updates

17 September 2024 13:38  |

European Markets Head for Higher Open

European equity markets were headed for a higher open on Tuesday, recouping losses from the previous session as traders piled on bets that the US Federal Reserve will deliver a supersized 50 basis point rate cut on Wednesday.

The Bank of England, the Bank of Japan and the Norges Bank will also decide on monetary policy this week. Meanwhile, investors will assess Eurozone and German economic sentiment figures for September, while British retailer Kingfisher will report its latest earnings. Euro Stoxx 50 and Stoxx 600 futures were up about 0.5% in premarket trade.

Source : Trading Economics

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