European Stock Markets: Hopes for a Fed Rate Cut Provide Reassurance

Futures contracts suggest a 0.29% increase for the CAC 40 in Paris, a 0.31% rise for the DAX in Frankfurt, and a 0.09% gain for the FTSE in London. The Stoxx 600 is expected to open with a 0.2% increase. The deterioration of U.S. economic data, particularly in the employment sector, reinforces investors' belief that the U.S. central bank will resume interest rate cuts next week. This anticipation is boosting stock markets on both sides of the Atlantic.