European equities are expected to start the week on a positive note, buoyed by optimism over a potential pause in Federal Reserve interest rate hikes and further policy easing measures targeting the Chinese real estate sector. This comes as stock benchmarks in Asia saw gains, the dollar weakened slightly, and oil and gold futures edged higher. This cautious outlook raises questions about how much further the stock market can continue to rise. Overall, the positive sentiment in European equities is fueled by hopes of a Fed rate pause and optimistic expectations regarding Chinese policy stimulus. However, experts highlight the need for continued positive economic indicators for sustained market growth.
Source: Wall Street Journal September 04, 2023 05:51 UTC