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Tue, December 17, 2024

Morning bid: Investors look past politics to central bank moves


Published on 2024-12-17 01:00:40 - MSN
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  • A look at the day ahead in European and global markets from Ankur Banerjee Political upheaval is jolting governments from South Korea to Germany to Canada, but for now investors are keeping cool and Europe's markets are set for a sedate open,

The article from MSN Money discusses how investors are currently focusing more on central bank actions rather than political developments. Despite ongoing political events like the U.S. presidential election and the French parliamentary elections, market attention is primarily on monetary policy decisions. The U.S. Federal Reserve's recent minutes indicated a cautious approach to interest rate cuts, with inflation still above the target, leading to expectations of a hawkish stance from the Fed. Meanwhile, the European Central Bank (ECB) has begun to ease monetary policy, cutting rates by 25 basis points, which contrasts with the Fed's stance. This divergence in policy is influencing market dynamics, with investors adjusting their strategies based on these central bank moves. Additionally, the article touches on other economic indicators like the U.S. Treasury yields, the dollar's strength, and upcoming economic data releases that could further guide investor sentiment.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/morning-bid-investors-look-past-politics-to-central-bank-moves/ar-AA1vZyvj ]
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