Forecasts & opinions
Stock indices over the world rose sharply from daily lows on Wednesday and the US exchanges opened 0.6% higher, while the EU indices rose around 2% from daily lows as sentiment switched quickly from negative to positive.
Moreover, US inflation numbers came out mixed, with the headline CPI figure rising to 2.5% year-on-year in October, up from 2.3% in September, while the core gauge unexpectedly worsened marginally to 2.1%. Traders sold the greenback after these numbers and stocks rose notably.
|remaining time till the new event being published|
- ECB's Coeure: Central bank has instruments and we've shown that we're ready to use them
- British Chambers of Commerce (BCC) trims UK growth outlook
- UK house prices rise slightly In June - Rightmove
- China central bank injects funds, second phase of RRR cut takes effect