European stock futures higher; Fed speakers soothe nerves
Investing.com - European stock markets are expected to open higher Tuesday, with investors returning their focus to potential central bank moves while keeping an eye on the conflict in the Middle East.A degree of calm has returned to global equity markets, with Europe being no exception, helped by relatively dovish comments by Federal Reserve officials which helped to settle nerves which had been frayed by the deepening conflict between Israel and the Palestinian Islamist group Hamas.
Elsewhere, the Financial Times reported that the European Union is planning to announce anti-subsidy investigations against Chinese steelmakers at a summit with the U.S. this month.Oil prices slipped lower Tuesday, handing back some of the previous session’s sharp gains with traders keeping a wary eye on the conflict in the Middle East and the potential for supply disruptions.
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