Price movements
Close the cursor”Stokes 600“The European Union fell by 0.2 percent, with sub-indices of defense, industrial and technology stocks declining by more than one percent each.
Consumer prices rose US A little more than expected in September, but the year-on-year increase was the smallest in more than three and a half years.
According to the Fed Watch tool of the CME Group, the report had little impact on expectations that… US Federal Reserve Board The interest rate is 25 basis points at its meeting scheduled in November.
Markets expect it to decrease European Central Bank The interest rate will be approximately 50 basis points by the end of the year, according to data from the London Stock Exchange Group.
The French government is scheduled to announce its 2025 budget later Thursday.
It intends to implement tax increases that could reach 60 billion euros ($65.68 billion) and cut spending to address the growing fiscal deficit.
Markets are expected to closely monitor whether the budget will receive parliamentary approval without major amendments.
GSK shares rose 3.2 percent after the British pharmaceutical company agreed to pay up to $2.2 billion to settle lawsuits in the United States alleging that the heartburn drug (Zantac), which the company stopped producing, causes cancer.
Shares of the fourth largest bank in… ItalyBBER rose 8.2 percent to the top of the country’s main index after the lender presented a new business plan for the period 2024-2027.
