Thin trade in Europe expected on public holiday as Fed rate decision looms

  • 📰 NBCPhiladelphia
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

News News

United States Latest News,United States Headlines

Light trading volumes are expected in Europe Wednesday with only London’s FTSE index open due to the May Day/Labour Day public holiday in the region.

This is CNBC's live blog covering European markets.Nonetheless, global markets are focused on the U.S. Federal Reserve's latest interest rate announcement after the central bank's monetary policy committee concludes a two-day meeting later on Wednesday.to keep the borrowing cost unchanged but investors will closely monitor the post-announcement press conference with Chair Jerome Powell for clues on when that stance might change.

CNBC Pro screened for Stoxx 600 stocks that report EPS figures and have analysts' estimates available on FactSet.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 569. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Study shows ultra-thin two-dimensional materials can rotate the polarization of visible lightIt has been known for centuries that light exhibits wave-like behavior in certain situations. Some materials are able to rotate the polarization, i.e. the direction of oscillation, of the light wave when the light passes through the material.
Source: physorg_com - 🏆 388. / 55 Read more »

US Dollar Uptrend on Thin Ice as Fed Takes Center Stage This WeekForex Analysis by Investing.com (Günay Caymaz) covering: US Dollar Index Futures, US Dollar Index. Read Investing.com (Günay Caymaz)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Car runs red light, crashes with light rail train in downtown DenverMultiple Regional Transportation District light rail lines shut down temporarily Wednesday after a train hit a car running a red light in downtown Denver.
Source: denverpost - 🏆 13. / 72 Read more »

Trade in Europe expected to be thinner on public holiday but Fed rate decision loomsLight trading volumes are expected in Europe Wednesday with only London’s FTSE index open due to the May Day/Labour Day public holiday in the region.
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »

Fed's Williams: Outlook is uncertain, Fed must be data-dependentFederal Reserve (Fed) Bank of New York President John Williams said on Thursday that the Fed must be data-dependent as the outlook remains uncertain, per Reuters.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Tesla Rules In Europe — Europe EV Sales ReportClean Tech News & Views: EVs, Solar Energy, Batteries
Source: cleantechnica - 🏆 565. / 51 Read more »