Federal open market committee articles
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European markets open higher as traders look ahead to Fed meeting; Philips up 29%, Atos up 18%
European markets opened higher on Monday as investors look ahead to more central bank decisions, earnings and data this week. The regional Stoxx 600 index was up 0.37% at 9:24 a.m. in London, with sectors mixed. Philips shares soared 33% after the Dutch medical devices giant agreed a $1.1 billion settlement in a U.S. case linked to the recall of some […]
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FTSE 100 today: London markets set to open higher on the heels of strong US tech earnings
Asian stocks rallied alongside a strong tech sector fuelled by impressive US earnings. Bank of Japan maintained its short-term interest rate target at 0-0.1 per cent. Oil prices climbed, while Microsoft and Alphabet shares surged post-earnings beats. Investors await US inflation data and focus on ExxonMobil and NatWest earnings.
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FTSE 100 today: London markets set to open lower amid Meta-induced tech rout
US stocks saw a slight rise amid volatility. Asian stocks declined as Meta reignited tech sell-off, and the Japanese yen dropped below ¥155. Meta's stock fell 15 per cent, contributing to market turbulence. Despite this, oil and gold prices held steady. Investors now await US Q1 GDP data and earnings updates from Alphabet, Microsoft, Intel and Barclays.