A look at the day ahead in European and global markets from Brigid Riley A slew of economic data is set to roll out on Thursday, including preliminary euro ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSA look at the day ahead in European and global markets from Brigid Riley
The pan-European STOXX 600 index closed lower and the euro jumped in the aftermath of the data, with markets now bracing for the last day of a gloomy August. Across the Atlantic, softer data from the U.S. economy this week has bolstered market expectations that the Federal Reserve will take a breather from rate hikes, at least at the next policy meeting in September.
In company news, UBS appears set to announce a decent profit for the second quarter in what will be the first earnings report since it took over rival Credit Suisse.
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