European stock markets experienced a moderate rise on Tuesday, following Monday’s gains on Wall Street. The STOXX 600 and STOXX 50 indices opened with gains of 0.19 percent and 0.31 percent, respectively, while French markets saw a slight rebound from Monday’s decline, with the CAC 40 index opening up 0.37 percent.
Investors are closely monitoring British employment data ahead of the Bank of England’s upcoming meeting, which could influence their decisions. London’s FTSE 100 index opened with a modest gain of 0.27 percent. The focus of the week for investors is in the United States, where the Federal Reserve will hold a meeting on Wednesday to discuss lowering interest rates.
Futures trading indicates that Wall Street is expected to open higher, with gains in the S&P 500, Dow Jones and Nasdaq 100 shown in premarket data. Meanwhile, French bank stocks like Credit Agricole, BNP Paribas and Societe Generale are experiencing mixed performances due to several factors such as President Emmanuel Macron dissolving the government and calling for new elections which has impacted market sentiment negatively. Despite this news, the market outlook remains positive as investors await key economic data and central bank decisions.
