European stocks rise ahead of key manufacturing PMI data

European stock markets rose Tuesday, starting the new year on a positive note ahead of the release of key regional manufacturing activity data. 

At 03:05 ET (08:05 GMT), the DAX index in Germany traded 0.7% higher, the CAC 40 in France traded up 0.6% and the FTSE 100 in the U.K. rose 0.4%.

PMI data could point to rate cuts

European equities have started the new year with the same positive outlook as they ended the last, driven by expectations that 2024 will mark the start of a global easing cycle.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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

More articles like this

Fidelity European Trust

European markets rally on softer tariff hopes

Markets sprang back to life on Monday as a wave of cautious optimism swept across Europe. Investors responded positively to signs that upcoming US tariffs may be more focused and less aggressive than feared, reigniting confidence

Fidelity European Trust

European defence stocks surge

European defence stocks surge as UK and France push for peace in Ukraine. BAE Systems and other firms see gains amid heightened military spending expectations.