
WagmiGoats Insights (WGi) 📊
February 6, 2025 at 08:49 AM
*🟢 EUROPEAN MARKETS AIM FOR A POSITIVE OPEN AHEAD OF EARNINGS & BOE RATE DECISION*
European stocks are poised for a modest rise at the open on Thursday, as investors focus on a fresh round of corporate earnings and the Bank of England’s interest rate decision.
*📊 Market Drivers:*
✅ Earnings Season in Focus – Key reports from major European firms expected to shape sentiment.
✅ Bank of England Rate Decision – Forecasts suggest a possible 25bps rate cut from 4.75% to 4.50%, with markets closely watching policymakers’ outlook on inflation and economic growth.
✅ Global Sentiment – U.S. stock futures remain positive, boosting risk appetite in European markets.
*📍 Stay ahead with Wagmigoats Insights (WGi) 📊—your go-to source for real-time market updates!*