European markets head for higher open
With January halfway through, investors may be looking for more action from what has already been an exciting start to 2023.
The $DJIA(.DJI)$
Last week , traders digested the latest consumer price index reading. Data showed that consumer prices cooled in December, marking the sixth straight month of declines. That's what the market was hoping to see, amid concerns that the Federal Reserve may announce more rate hikes -- and what those could mean for the U.S. economy. Market watchers also weighed earnings from $JPMorgan Chase(JPM)$ , $Bank of America(BAC)$ , and other banking giants, as a possible recession looms.
European markets are set to follow the positive trend set in markets in Asia-Pacific overnight, with stocks expected to open higher, buoyed by cooling inflation data in the U.S. last week which has lifted investor sentiment.
@TigerStars @Daily_Discussion
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Hahahaha
Ok