EWQ
iShares MSCI France ETF·Financial Services
45.85
0.044%(−0.02)
Market ClosedLast Updated: — ET
52W L: $38.5152W H: $48.39
iShares MSCI France ETF·Financial Services
European stocks are set to rise on Tuesday as investors brace themselves ahead of President Trump's deadline for Iran to open the Strait of Hormuz.
The central bank last month left its key interest rate unchanged at 2%, but set out a number of ways in which developments in the Iran War might affect the eurozone's economic outlook.
The European Commission proposes 17 laws to unite capital markets, backed by major economies.
The European Central Bank is determined to prevent any energy-driven inflation from broadening out, but it is too early to discuss dates for possible interest rate hikes, French central bank chief Francois Villeroy de Galhau told Italy's La Stampa newspaper.
The European Central Bank should not rush to raise interest rates to combat a surge in inflation and should instead take time to analyse whether the jump is becoming entrenched, board member Isabel Schnabel said on Friday.
Goldman Sachs said on Monday it expects the European Central Bank to deliver two 25 basis point interest rate hikes in April and June, joining peers J.P.Morgan and Barclays as policymakers signal inflation risks driven by the Middle East war.
