European shares seen up

European stocks may open flat to slightly higher on Monday as investors react to hawkish comments from Fed officials and look for progress in U.S. debt ceiling talks.

U.S. President Joe Biden said Sunday he remains “optimistic” about finding an agreement with his Republican opponents to raise the U.S. debt limit and avoid a default. Talks between Biden and lawmakers are likely to resume on Tuesday, after getting postponed on Friday.

Meanwhile, Chicago Fed President Austan Goolsbee said in PBS interview that the U.S. central bank is trying to slow inflation without sending the economy into a recession.

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
JPMorgan European Discovery Trust

More articles like this

JPMorgan European Discovery Trust

European stocks surge with French shares at the forefront

European stocks saw a significant rally on Monday, with French shares taking the lead following the far-right National Rally (RN) party’s historic gains in the first round of the parliamentary election. Despite these gains, the margin

JPMorgan European Discovery Trust

European markets experience gains in early trade

In early trade, the pan-European Stoxx 600 rose by 0.41%, with most sectors and major bourses showing positive trends. Notably, oil and gas stocks saw an increase of 0.97%, while the retail sector experienced a slight

JPMorgan European Discovery Trust

European shares rise ahead of ECB rate decision

European Shares Rise Ahead of ECB Rate Decision On Thursday, European shares experienced a notable rise, particularly driven by technology stocks, which reached their highest level in nearly 24 years. This upward momentum comes as investors

JPMorgan European Discovery Trust

European markets rise as investors await US inflation data

European markets experienced a modest uptick on Wednesday as global investors turned their attention to the impending release of the latest U.S. inflation figures. By 11:40 a.m. London time, the pan-European Stoxx 600 index had risen