Indices rise on weak U.S. data
U.S. labor market data for June came in weaker than expected. This strengthened expectations that the Federal Reserve may soon cut interest rates, supporting U.S. and European indices. Shares of companies linked to artificial intelligence also attracted buyers again.
The cost of borrowing is important for companies. When rates are stable, it is easier for them to plan expenses and investments. This can support demand for equities. In Europe, inflation slowed in June. This trend may also reduce concerns about further tightening by central banks.
Choose from over 250 instruments in the trading terminal, including CFDs on indices and stocks, and activate a 101% drawdown bonus in your Client Area with a deposit starting from $101.
