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European Shares May See Cautious Gains Ahead Of US Jobs Report

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

European stocks are likely to open higher on Friday, as investors react to upbeat U.S. earnings and await the all-important monthly jobs report later in the day for more clues on the Federal Reserve's next moves in its campaign against high inflation.

Apple earnings topped estimates on record services revenue while Amazon saw its biggest earnings beat since its report for the fourth quarter of 2020.

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Business News

Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.