Morning Bid: Markets primed for gridlock – Reuters
- Date: 08-Nov-2022
- Source: Reuters
- Sector:Financial Markets
- Country:Egypt
Morning Bid: Markets primed for gridlock – Reuters
A look at the day ahead in European and global markets from Anshuman Daga
Growing expectations of a split government after the U.S. midterm elections are supporting U.S. shares, while Asian markets stubbornly cling onto hopes that China will relax its strict pandemic curbs.
Banking stocks could be in focus in Europe on Tuesday after the European Central Bank's top supervisor Andrea Enria said the ECB is carefully scrutinising euro zone banks' payout plans as the outlook for the 19-nation currency bloc's economy weakens.
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