A look at the day ahead in European and global markets from Anshuman Daga:The strong start to equity markets this year has got bulls excited but markets know it's better to be well behaved before Federal Reserve Chair Jerome Powell speaks.Asian stocks edged lower on Tuesday after recent gains even as A
The strong start to equity markets this year has got bulls excited but markets know it's better to be well behaved before Federal Reserve Chair Jerome Powell speaks.
European futures indicate a weaker open for stocks, which are basking at eight-month highs on growing hopes that the euro zone will only get a shallow recession, overcoming worries of a sharp slowdown.Later on Tuesday, Fed boss Powell is set to make a speech that could give further clarity on the pace of rate hikes while U.S. inflation data out on Thursday will further cement expectations.
In Japan, consumer inflation exceeded the central bank's 2 per cent target for a seventh straight month in a sign of broadening inflationary pressure.
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