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European stocks cautiously higher as Fed rate cut expectations grow


Thursday, 4 July 2019 14:14 WIB

Stoxx 600Indeks Stoxx Europe 600SahamEropa


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European stocks opened cautiously higher Thursday after weaker-than-expected U.S. economic data gave investors cause to anticipate that the Federal Reserve will cut interest rates at its upcoming July meeting.

The pan-European Stoxx 600 rose 0.1% after the opening bell, autos leading gains with a 0.6% gain while utilities stocks fell 0.5%.

In trade war news, White House economic adviser Larry Kudlow told reporters on Wednesday that face-to-face trade talks between the U.S. and China will continue in the coming week.

Source : CNBC


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