Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Global markets remained cautious on Thursday as major European equity markets remained in red and government bonds maintained a sluggish tone. The majority of emerging stock markets lost ground in early European trade, trailing major global bourses lower amid weak corporate earnings reports, Eurobank Global reported.
"Regional currencies remained mixed today; today’s focus also lies on the upcoming April inflation data releases from Serbia and Poland," Eurobank Global said in a research report.
The Bank of England is expected to stay on hold at its monetary policy meeting today. However, market focus will be on the BoE Governor’s press conference and the updated BoE inflation report which is likely to show growth forecasts revised downward.
The EuroWorking Group in Greece is set to meet later today work on the technicalities of the contingency mechanism, as well as the modalities of debt relief before reporting back to the Eurogroup which is scheduled to meet on May 24.
Further, the ECB is likely to consider the reintroduction of Greek waiver at the June 2 meeting, conditional on the completion of the 1st programme review.
At 10:45AM GMT, Euro Stoxx 50 rose 0.35 pct to 2,966.05 while DAX rose 0.29 pct to 10,006.13.
