Euro Could Rise on Positive Economic Data and Potential Shift in ECB Stance
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#142fda0b ver:0.5
European markets are cautiously optimistic as positive economic data and a potential shift in ECB stance could lead to a rise in the euro. US markets continue to rise, prompting a reassessment of rate cut expectations. While the manufacturing sector in Europe shows signs of improvement, the services sector is mixed. The US economy remains resilient, making US stocks more attractive. The strength of the US economy and positive job numbers suggest a US recession is further away, supporting US company earnings. The eurozone economy may be turning a corner, but rising trade tensions and geopolitical risks could disrupt the outlook. #Euro #ECB #USmarkets #economy...
#newstr #Euro #Ecb #EuEconomy #PmiData #RateCuts
https://here.news/story/142fda0b?ver=0.5