> European equities start the day on a positive note

European equities start the day on a positive note

This follows the ECB keeping all options on the table and the higher chances of a 50 bps cut from the Fed next week.

Friday, 13/09/2024 | 07:24 GMT

Eurostoxx +0.42%
Germany DAX +0.27%
France CAC 40 +0.29%
UK FTSE +0.14%
Spain IBEX +0.33%
Italy FTSE MIB +0.14%

The mood in the market remains broadly positive. ICYMI yesterday around 18:53 Central European Time, WSJ's Timiraos came out with a piece which seemed like suggesting that a 50 bps cut is still being discussed. The market responded by raising 50 bps cut probabilities to around 40% from 13% before the news.