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European Shares Gain On Fed, China Optimism

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

European stocks advanced on Monday as hopes of Fed rate pause and the announcement of new Chinese stimulus measures helped investors shrug off weak economic data from Germany and the euro zone.

The dollar slipped in thin holiday day after mixed U.S.jobs data released on Friday suggested the Federal Reserve is done with raising interest rates.

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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.