European stocks poised to rise as central bank decisions take center stage.
European stocks are poised to rise on Tuesday, with central bank meetings continuing to be a focal point.
According to IG data, the stock was seen opening 38 points higher at 8,311, the stock up 54 points at 18,681, the stock 28 points higher at 7,471, and Italy's stock up 70 points at 33,622.
On Monday, the Stoxx 600 index, which tracks the performance of 600 European companies, experienced a 0.2% decline.
The U.S. Federal Reserve is predicted to make its first rate cut in four years on Wednesday, which investors are eagerly anticipating key monetary policy decisions.
On Thursday, policymakers from the Bank of England and the Bank of Japan will meet.
On Tuesday, the Asia Pacific markets were mixed, with Japan's Nikkei 225 falling more than 2% as the yen strengthened before the Fed decision. Meanwhile, U.S. futures remained unchanged.
In Europe, economic sentiment data is due out of Germany and the wider region, while earnings are reported by British retailer Kingfisher on Tuesday.
Markets
You might also like
- Japan's stocks are declining following Shigeru Ishiba's victory.
- The last trading session of September in Europe is expected to begin with a decline.
- Major cities in China ease homebuying restrictions, prompting a rally in property stocks.
- Japan's Nikkei drops by 3%, while Australia reaches a new record high, as investors anticipate the release of China's data.
- Blockchain technology could revolutionize the ETF industry by enabling the use of treasurys as assets.