The European Central Bank is widely expected to announce a rate cut by at least 25 basis points and signal its readiness for additional rate cuts if the economy warrants.
European markets traded sideways as investors awaited rate decisions from the European Central Bank on Thursday. Germany's consumer price inflation rebounded in November.
European markets extended gains for the seventh session in a row amid rising political instability in France. For the week, the benchmark indexes in Frankfurt and Paris rose nearly 4%.
European markets continue to overlook growing political instability in the two key economies of the currency union and rising fiscal stress. France is expected to go without a government for weeks, if not months, as Germany heads for a national election in three months.
European markets continue to overlook building fiscal pressures and political uncertainty in France and Germany, the two largest economies in the eurozone.
Europe's two largest economies, France and Germany, are likely to have months of political chaos amid a weak economic backdrop and rising trade tensions with the U.S. and China.
France's minority government is heading for a collapse as early as this weekend, as the far-right National Rally announced its plans to push for a no-confidence vote. The Euro Area's manufacturing activities deteriorated further, and the UK's home price increase accelerated in November.
Market indexes in Europe were generally unchanged in November, but the CAC-40 index plunged more than 4% amid rising political instability. Eurozone inflation accelerated in October. Swiss GDP growth slowed in the third quarter.
European market indexes advanced, but gains were capped amid worries of political instability in France as three political groups struggled to compromise on the financial budget.
U.S. trade protectionism and political instability in France and Germany added to the ongoing geopolitical tensions rooted in the Russia-Ukraine conflict.
Stock market indexes in Europe advanced, the euro hovered near a three-year low, and bond yields edged lower amid rate path worries and a weakening economic backdrop.
The euro dropped to a two-year low after business activities across the eurozone contracted following the weakness in the previously resilient service sector. Rising geopolitical tensions, policy uncertainty, and growing trade tensions with the U.S. and China also contributed to market jitters.
European markets halted a three-day slide after tensions between the U.S. and Russia appeared to ease. Germany's producer price deflation extended to the sixteenth month in a row in October. The UK's consumer price inflation accelerated in October.
Bond yields in the Euro Area edged lower after Russia-Ukraine conflict escalation worries dominated stock and bond market trading. Switzerland's trade surplus soared to a record high in October.
