Five Things You Need to Know to Start Your Day: Europe
Get up to speed with what the markets are monitoring
Good morning. European equity futures rise after Asia started June with a bang, while oil fluctuates after an OPEC+ meeting. Nvidia unveils next-generation Rubin AI platform. Here’s what people are talking about.
European stocks are set to take heart from a perky mood across Asia at the start of June. The region’s equities rallied, helped by a surge in technology shares and data showing regional manufacturing activity picking up the pace. Adding to the impetus was Indian stocks jumping to record highs as exit polls indicated a resounding victory for Prime Minister Narendra Modi’s party. A weaker US dollar in recent weeks on optimism the Federal Reserve will finally begin to ease policy is also adding to tailwinds for risky assets.