Stocks take breather as focus shifts to earnings: Markets Wrap

January 18, 2024

(Bloomberg) — European stocks steadied on Thursday after the biggest three-day drop since October as traders re-calibrated their wagers on the timing and extent of interest rate cuts.

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Signs that European policy makers are converging around a June rate reduction helped calm markets, along with indications that Chinese state funds are coming to the rescue of equities battered by signs of a flagging economy.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.



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