5 July 2024
The lack of sentiment from the US market as they are on the 4th of July Independence Day holiday, made market participants set their eyes on European stocks which appreciated on Thursday trading (04/07/24) on the back of optimism that US interest rate cuts this year will be able to materialize after the latest US economic data showed an economic slowdown; while Europe is busy dealing with political processes such as the UK election situation which predicts a historic victory for the Labour Party.
