Market reviews
Asian and European stock markets are rising as investors have renewed interest in tech stocks, particularly Nvidia, while looking for a near-certain rate cut from the ECB and possible hints of more to come. A weaker yen has lifted the Nikkei nearly 3%, overshadowing hawkish comments from a top Bank of Japan official that rates should eventually reach 1%.
Europe is set for solid gains ahead of its big event of the day: the European Central Bank's policy decision. EUROSTOXX 50 futures jumped 1.2%, while FTSE futures rose 1%. A quarter-point cut is priced in, but the...
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