Europe before the bell: bounce loses steam
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com
EUROPE BEFORE THE BELL: BOUNCE LOSES STEAM
Shares in Europe looked set for a softer start on Tuesday as a bounce from Friday's selloff loses steam ahead of U.S. inflation data this week that could help shape expectations over possible rate cuts by the Federal Reserve.
EuroSTOXX50 and FTSE futures traded flat and down 0.6%, respectively, and U.S. contracts also pointed to a weaker start on Wall Street, with concerns over economic growth keeping investors wary of possible drawdowns across equity markets.
Over in Asia, shares inched slightly higher, but struggled to sustain Wall Street's Monday rally. Concerns about a faltering Chinese economy dampened the market mood, sending China's CSI300 blue-chip index .CSI300 down to a seven-month trough.
Back to Europe, where software stocks like SAP SAPG.DE and Capgemini CAPP.PA were on the watchlist for possible opening gains after better than expected results from Oracle ORCL.N.
The Texas-based group forecast Q2 revenue growth above estimates, boosted by growing demand for its cloud offerings, sending its Frankfurt listed shares up 7.6%.
Still in tech, investors gave a tepid response to Apple's AAPL.O AI-boosted iPhone 16. Its shares were down 0.7% in Frankfurt.
Elswhere, AstraZeneca AZN.L was in focus following a bad data release that pushed its U.S.-listed stock down as much as 4.9%. Detailed results from one of its key lung cancer trials showed its experimental precision drug did not significantly improve overall survival results.
In M&A, global miner AngloGold Ashanti AU.N will buy smaller Egypt-focused rival Centamin CEY.L in a $2.5 billion deal.
EARLIER ON LIVE MARKETS:
CHINA GLOOM OVERSHADOWS WALL STREET-LED REBOUND CLICK HERE
China consumer prices jump, producer deflation persists https://reut.rs/47lNrGr
免责声明: XM Group仅提供在线交易平台的执行服务和访问权限，并允许个人查看和/或使用网站或网站所提供的内容，但无意进行任何更改或扩展，也不会更改或扩展其服务和访问权限。所有访问和使用权限，将受下列条款与条例约束：(i) 条款与条例；(ii) 风险提示；以及(iii) 完整免责声明。请注意，网站所提供的所有讯息，仅限一般资讯用途。此外，XM所有在线交易平台的内容并不构成，也不能被用于任何未经授权的金融市场交易邀约和/或邀请。金融市场交易对于您的投资资本含有重大风险。
所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。
本网站上由XM和第三方供应商所提供的所有内容，包括意见、新闻、研究、分析、价格、其他资讯和第三方网站链接，皆保持不变，并作为一般市场评论所提供，而非投资性建议。所有在线交易平台所发布的资料，仅适用于教育/资讯类用途，不包含也不应被视为适用于金融、投资税或交易相关咨询和建议，或是交易价格纪录，或是任何金融商品或非应邀途径的金融相关优惠的交易邀约或邀请。请确保您已阅读并完全理解，XM非独立投资研究提示和风险提示相关资讯，更多详情请点击 这里。
