US and European stocks may see a slight recovery, as indicated by stock index futures, while Asian stocks are declining.
September 9, 2024 15:24 JST (excerpt)
On the 9th, European and US stock markets are likely to see a slight recovery. During the Asian trading session on the same day, both the S&P 500 and Euro Stoxx 50 index futures rose. Both indices had fallen following weaker than expected US employment statistics last weekend.
On the other hand, continuing the downward trend following the US employment statistics, Asian stock indicators, the MSCI Asia Pacific index, hit a three-week low.
Following the US employment statistics, economists and traders have different views on how aggressively the US financial authorities will cut interest rates.
On the 9th, European and US stock markets are likely to see a slight recovery. During the Asian trading session on the same day, both the S&P 500 and Euro Stoxx 50 index futures rose. Both indices had fallen following weaker than expected US employment statistics last weekend.
On the other hand, continuing the downward trend following the US employment statistics, Asian stock indicators, the MSCI Asia Pacific index, hit a three-week low.
Following the US employment statistics, economists and traders have different views on how aggressively the US financial authorities will cut interest rates.
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