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Europe Market Open: European equity futures mostly lower; UK PM Starmer and Chancellor Reeves to ditch income tax increase plans
Newsquawk Rundown, Daily Podcast
3 minutes 28 seconds
3 days ago
Europe Market Open: European equity futures mostly lower; UK PM Starmer and Chancellor Reeves to ditch income tax increase plans
APAC stocks were pressured following the sell-off stateside, where tech was hit on valuation and China AI race concerns, while sentiment was also not helped by recent hawkish-leaning Fed rhetoric and mixed Chinese activity data.Chinese activity data was mixed, in which Industrial Production disappointed and Retail Sales marginally topped estimates, but both showed a slowdown from the previous, while Chinese House Prices continued to contract.US BLS said it is...
Newsquawk Rundown, Daily Podcast
Get up to speed with everything you need to know ahead of today's open with the Newsquawk rundown
