European Marketers marched with a negative theory this week
As investors take stock of a flurry of central bank decisions last week and the possibility of higher interest rates for a longer period of time, European markets are poised to open lower on Monday.
As the market is expected to start the final week of trading in September with significant declines, U.S. stock futures moved up during overnight trade on Sunday. American stocks have had a difficult month as bond yields increased as a result of the Federal Reserve’s suggestion that interest rates may stay higher for longer.
As investors anticipated regional inflation research, Asia-Pacific markets remained mixed overnight. This week, Japan will announce inflation statistics for the Tokyo region, which is thought to be a leading sign of national trends, while Singapore, Australia, and Singapore are anticipated to report inflation estimates for August.
On Monday, European stock markets are anticipated to start out in the red. According to information from IG, the FTSE 100 index for the United Kingdom is forecast to open 25 points lower at 7,666, with the DAX for Germany down 36 points at 15,526, the CAC for France down 29 points at 7,161, and the FTSE MIB for Italy down 74 points at 28,521.
Even if he may not personally agree, portfolio manager Kamil Dimmich of North of South Investment claims that stock in technology company Nvidia is inexpensive.
The $1.5 billion Pacific North of South Emerging Market All Cap Equity fund is managed by Dimmich, who also says he is “always looking for great companies with strong cash flows that are not correctly reflected in the market.” Finding inexpensive equities in emerging markets is his primary goal.
- Published By Team Nation Press News