Morning Bid: Don't get carried away

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A look at the day ahead in European and global markets from Anshuman Daga

Markets have got all excited after last week's rip-roaring rally in global equities, a big tumble in U.S. Treasury yields and a bruising sell-off in the mighty dollar.on Sunday that the Fed may consider slowing the pace of rate increases at its next meeting but that should not be seen as a "softening" of its battle against inflation.

he will set out tax rises and spending cuts to show Britain can fix its public finances and restore its economic credibility.with an unbeaten half-century on Sunday, helping England claim their second Twenty20 World Cup title with a five-wicket win over Pakistan.

 

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European markets set to start the new trading week on a positive noteEuropean stocks are set to open in positive territory on Monday, with regional markets still seeing a boost from last week's U.S. inflation figures. Here we go again. Trying to entice investors in. What is it with you CNBC? Give a legit reason for your comment. A Fed governor in Australia said today the hike in markets may be premature. What don’t you get?
Source: CNBC - 🏆 12. / 72 Read more »