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 markets rally on Trump’s Davos agenda

European stock markets surged after Trump’s Davos speech energized financial markets. Banking stocks led gains, while energy and tech faced challenges. JPMorgan European Discovery Trust eyes opportunities amid policy shifts.

JPMorgan European Discovery Trust

European markets begin the week on a positive note

European stock markets opened the week with gains as optimism grew following new employment data from Switzerland. The Swiss Federal Statistics Office reported a 1.2% rise in employment, providing an encouraging signal for investors. Meanwhile, attention