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fromwww.theguardian.com
1 month ago

FTSE 100 winning streak ends as WPP shares hit lowest level since 1998; ECB holds rates at 2% - as it happened

WPP shares fell after a revenue downgrade and management review; ECB held rates despite rising eurozone inflation; Virgin Trains won access to Temple Mills depot.
fromLondon Business News | Londonlovesbusiness.com
1 month ago

European stocks rise - London Business News | Londonlovesbusiness.com

European equities edged higher on Wednesday, buoyed by a more dovish tone from Federal Reserve Chair Jerome Powell, a tentative easing of political tensions in France, and signs of cooling inflation across key Eurozone economies. The combination of stabilising macro signals and upbeat corporate news helped lift regional indices after recent bouts of volatility. Investor sentiment improved following Powell's remarks, suggesting the US labour market was showing signs of softening, reinforcing expectations of a potential rate cut later this year.
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