📆 Monday, May 6
► European stocks rose, with the Stoxx 600 rising 0.25%, reflecting cautious optimism. This mild uplift comes amidst mixed corporate earnings and positive economic indicators from France and Spain, which suggest some resilience in the Eurozone economy. Notably, German 10-year yields dropped for a third consecutive day, signaling investor confidence in European debt amidst economic stabilization.
► In the US, the markets responded positively to a Friday's softer-than-expected payroll report, which has revived hopes for potential Federal Reserve rate cuts. Following Friday's very strong performance the S&P 500 future edges further up currently up 0.2%, reflecting ongoing optimism. Market sentiment is buoyed by expectations that the Fed might signal a more accommodative stance in light of US payroll data but also with US' mega caps mostly beating earnings expectations.
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