GLOBAL MARKETS – European markets set for mixed open after Fed minutes

It comes after the pan-European Stoxx 600 index ended the day higher on Wednesday, with the majority of sectors in positive territory, as markets rebounded after snapping a winning streak on Tuesday.

Fed minutes released Wednesday showed that officials had moved closer to a long-awaited interest rate cut during their July meeting. The vast majority of participants agreed that a reduction was “likely” come September if the data “continued to come in as expected.”

U.S. stock futures were marginally lower Thursday morning as investors looked ahead to Fed Chair Jerome Powell’s Friday speech at Jackson Hole, Wyoming.

In Asia, markets were mixed as investors digested business activity data from Australia and Japan and awaited PMI numbers from India.

Back in Europe, insurers Swiss Re and Aegon will report earnings on Thursday, while the U.K. and European Union will release purchasing managers index data.
 

SANAYİ HABER AJANSI