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European shares slip, euro firm as data tees up ECB rate hikes
European shares slip, euro firm as data tees up ECB rate hikes
U.S. PMI data is due later in the day, and, according to Fiona Cincotta, an analyst at Cityindex, a weak print pointing to a slowdown "could be a case of bad data being good news for the stock market" given what it could mean for expectations for the Federal Reserve's policy path moving forward.
U.S. PMI data is due later in the day, and, according to Fiona Cincotta, an analyst at Cityindex, a weak print pointing to a slowdown "could be a case of bad data being good news for the stock market" given what it could mean for expectations for the Federal Reserve's policy path moving forward.