European shares advance on rate optimism; UK election in focus - SABC News - Breaking news, special reports,

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 20 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

European Shares News

Rate

 European shares rose on Thursday amid optimism around US interest rate cuts following soft economic data, while London markets gained as voting began in the

European shares rose on Thursday amid optimism around US interest rate cuts following soft economic data, while London markets gained as voting began in the UK general election with polls predicting a historic victory for the Labour party.Britain’s FTSE 100 advanced 0.8%, with markets waiting to see how large a majority the Labour Party might win.

An opinion poll on Thursday showed RN is expected to fall short of an absolute majority in the second round of a parliamentary election on Sunday. In Europe, German industrial orders fell unexpectedly in May, while another report showed Swiss inflation fell last month, encouraging markets to shorten their odds that the central bank will cut interest rates again later this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in LOANS

Loans Loans Latest News, Loans Loans Headlines