📈 European Stocks Surge! European stock markets saw a strong rally, with Germany's DAX rising 0.3%. The boost comes from growing expectations of an interest rate cut by the European Central Bank (ECB) and the upcoming PMI data, which investors hope will show improvement.
Investors are anticipating that the ECB may lower rates in December to stimulate the slowing economy. Additionally, tomorrow’s PMI release is expected to reflect a rebound in the Eurozone’s manufacturing and services sectors.
📊 Key Indexes:
- DAX (Germany): +0.3%
- CAC 40 (France): +0.4%
- FTSE 100 (UK): +0.2%
- Comments from Jerome Powell, Fed Chair, tomorrow
- Eurozone PMI release
- ECB’s potential interest rate decisions
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