Stock and fundamental news
• Services PMIs due across Europe on Thursday are likely to show a further slowdown in activity and bolster expectations for rate cuts in the region. Investors are already betting the European Central Bank will cut rates by 25 basis points at its next two meetings in October and December after top hawk Isabel Schnabel sounded more optimistic about bringing inflation under control.
• While the UK services sector is expanding, composite PMIs in Germany and elsewhere in Europe are expected to continue to show weakness in September data. In the US, the...
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