Cautious optimism from the Fed, cryptocurrency, artificial intelligence, company news
European bourses are poised to extend their rally ahead of the ever-important US CPI data following comments from Federal Reserve Chairman Jerome Powell, who reassured investors that the US central bank's next move was unlikely to be a hike.
Traders are now pinning their hopes on the Fed starting its easing cycle in September, although that will depend on the inflation report, which is expected to show the consumer price index rose 0.3% month-on-month in April, up from a rise down 0.4% in the previous month, according to a Reuters poll.
While Powell's comments largely mirrored those...