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European markets open cautiously ahead of ECB rate decision

The European Central Bank is widely expected to raise interest rates for the first time since 2023 as policymakers respond to rising inflation fuelled by higher energy prices linked to the Iran war. Investors are bracing for an ECB rate hike on Thursday. Markets expect the European Central Bank to raise rates by 25 basis points, which could weigh on growth and corporate earnings.

Euronews 3h ago

Markets gain and oil drops as Trump's peace signals reassure investors

Oil prices retreated around 4% from Monday’s highs as markets responded positively to US President Donald Trump’s reassuring comments that negotiations with Iran are progressing. Crude prices mostly retraced on Tuesday after jumping at the start of the week as Iran suspended talks with the US and pledged to fully close the Strait of Hormuz, fuelling investor fears that the broader Middle East conflict could escalate rather than move towards a peace deal. At the time of writing, US West Texas...

Euronews 9d ago