European stocks are expected to open higher on Thursday with investors around the world reflecting on the latest inflation data and earnings out of the U.S.
Global markets are digesting the latest U.S. inflation data which rose higher than expected in September, increasing pressure on the U.S. Federal Reserve to raise rates sooner rather than later.
jumped 0.4% in September from the month prior and 5.4% year over year, the Labor Department reported Wednesday. Economists expected to see a month-to-month increase of 0.3% or annualized rate of 5.3%, according to Dow Jones.showed the central bank could begin tapering its asset-purchase program as soon as mid-November.
Also in focus is the third-quarter earnings season which kicked off on Wednesday with JPMorgan Chase; the bank reported that
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Facebook whistleblower behind major leak is going to testify in EuropeHot on the heels of her appearance in Congress, Frances Haugen is now set to give evidence to lawmakers in British Parliament.
Baca lebih lajut »
Europe Inc. Returns to the SkiesBusiness travel is making a comeback on the continent, aided by a high vaccination rate and digital Covid-19 certificates.
Baca lebih lajut »
Energy crisis is a 'wake up call' for Europe to ditch fossil fuelsEU officials say soaring energy prices should serve to push the continent to ditch fossil fuels for renewable energy as soon as possible
Baca lebih lajut »
‘This Is Europe’s Moment’: Lightspeed Venture Partners Hires Paul Murphy To Lead Europe PushLightspeed Venture Partners has hired Paul Murphy and Ross Mason to head up its push into Europe as Silicon Valley VCs step up the hunt for deals on the continent.
Baca lebih lajut »
Russia can help Europe, not using gas as a weapon says PutinPresident Vladimir Putin said on Wednesday Russia was not using gas as a weapon and was ready to help ease Europe's energy crunch as the EU called an emergency summit to tackle skyrocketing prices.
Baca lebih lajut »
Wall Street flails for direction ahead of earningsU.S. stock futures struggled for direction Tuesday, in a market where inflation worries ahead of third-quarter earnings are capping gains.
Baca lebih lajut »