European markets are heading toward a mixed commencement to the caller trading week.
The U.K.'s FTSE 100 scale is expected to unfastened 17 points higher astatine 8,373, Germany's DAX down 12 points astatine 19,644, France's CAC up 1 constituent astatine 7,611 and Italy's FTSE MIB up 55 points astatine 35,087, according to information from IG.
Regional markets had ended past week connected a precocious enactment aft the European Central Bank announced its 3rd involvement complaint cut of the twelvemonth past Thursday, lowering the deposit complaint by different 25 ground points, arsenic ostentation risks successful the European Union are seen to beryllium easing faster than anticipated.
Overnight, Asia-Pacific markets were mixed arsenic traders assessed China's indebtedness premier complaint announcement, with absorption besides connected Japan's wide predetermination astatine the extremity of this week.
Stateside, banal futures ticked higher Sunday nighttime aft the Dow Jones Industrial Average and S&P 500 notched their best play triumph streaks of 2024.
Asking prices for UK homes hardly emergence successful October, Rightmove says
A pedestrians looks astatine residential properties displayed for merchantability successful the model of an property agents' successful Windsor, westbound of London.
Justin Tallis | Afp | Getty Images
Asking prices for British homes rose lone marginally successful October arsenic much properties came onto the market, according a survey connected Monday that besides suggested immoderate buyers were waiting for clarity connected taxation changes successful the caller government's upcoming budget.
Asking prices roseate by conscionable 0.3% successful October, good beneath their mean for a 1.3% monthly summation for the month, spot website Rightmove said.
The fig of homes disposable for merchantability was 12% higher than the aforesaid clip play past year, and was the highest per existent property cause since 2014.
Overall enactment successful the spot marketplace remained strong, with purchaser request rising.
Prices were 1.0% higher than a twelvemonth earlier.
— Reuters
China needs to hole structural problems successful its spot assemblage to reconstruct confidence, strategist says
China's stimulus measures request to tackle structural problems successful its crisis-hit spot sector to reconstruct assurance successful the world's second-largest economy, according to 1 strategist.
It comes arsenic optimism implicit a raft of economical measures implemented by Beijing since precocious September appears to person faded successful caller days.
"I deliberation the cardinal constituent is, for each of the measures that person been taken, I deliberation wherever the disappointment astatine slightest for an perceiver comes successful is measures for the spot market," Daniel Morris, main marketplace strategist astatine BNP Paribas Asset Management, told CNBC's "Squawk Box Europe" connected Monday.
"The cardinal issue, oregon 1 of galore cardinal issues, is that you tin cut involvement rates, but radical aren't needfully going to respond if assurance isn't determination [and] assurance isn't determination due to the fact that of weakness successful the spot market," Morris said.
"And so, you request to commencement with that cardinal contented earlier you get the concatenation effect that you want," helium added.
— Sam Meredith
European markets: Here are the opening calls
European markets are expected to unfastened successful mixed territory Monday.
The U.K.'s FTSE 100 scale is expected to unfastened 17 points higher astatine 8,373, Germany's DAX down 12 points astatine 19,644, France's CAC up 1 constituent astatine 7,611 and Italy's FTSE MIB up 55 points astatine 35,087, according to information from IG.
Earnings are acceptable to travel from Forvia and SAP. German shaper terms scale information is due.
— Holly Ellyatt
Bitcoin surges to 3 period precocious arsenic Trump's likelihood of winning predetermination increase
Bitcoin surged to its highest level successful 3 months aft predetermination polls showed higher likelihood of winning for Republican statesmanlike nominee Donald Trump.
The cryptocurrency surged to a precocious of $69,487 connected Monday, its highest level since July.
Trump's run has been seen by galore arsenic much favorable to cryptocurrencies.The erstwhile president proposed a "national crypto stockpile" successful July, and pledging that "the United States volition beryllium the crypto superior of the satellite and the bitcoin superpower of the world."
— Lim Hui Jie
CNBC Pro: 10 analysts conscionable hiked their terms targets connected these 3 stocks — including a Big Tech AI firm
Wall Street analysts person raised their bets connected 3 stocks up of their quarterly net reports implicit the past week.
One of the stocks, a Big Tech AI firm, has rallied 64% this year, with analysts predicting much momentum ahead.
CNBC Pro screened for stocks successful the MSCI World scale that person received stock terms people upgrades from Wall Street analysts implicit the past 7 days. These stocks are besides owed to study quarterly fiscal results implicit the adjacent fewer weeks.
CNBC Pro subscribers tin work much here.
— Ganesh Rao
CNBC Pro: Looking for dividend stocks? Here are Morgan Stanley’s apical Asia picks for the 4th quarter
As investors effort to navigate volatile planetary markets, Morgan Stanley is reiterating its proposal to bargain dividend stocks.
"We urge balanced and flexible strategy investors supplement their portfolio with dividend income, fixed precocious uncertainty into U.S. elections connected November 5, and with a planetary monetary easing rhythm apt to enactment a stronger absorption connected dividend yield," Morgan Stanley's analysts wrote successful an Oct. 15 probe note.
"Investor appetite connected firm betterment and shareholder returns crossed Asia/EM besides remains high, which is apt to payment dividend-oriented stocks."
— Amala Balakrishner
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