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The European Central Bank is expected to cut its interest rates on Thursday, which could lead to a weaker euro as the region's monetary policy diverges from that of the United States. The ECB is comfortable with this divergence, even if it means a weaker currency that could potentially stoke inflation. Recent data shows that underlying inflation in the euro area unexpectedly rose in May for the first time in a year, adding to the concerns about lingering consumer-price pressures. The ECB's decision will be accompanied by quarterly forecasts and a press conference, which will be scrutinized for hints of future policy intentions. Money markets are currently betting on two rate reductions this year, with a small chance of a third.

European Central Bank Expected to Cut Interest Rates, Weakening Currency and Diverging from the Federal Reserve

⏲ 0:45 👁 8.3M

Stock Market Crash Live Updates | Lok Sabha Election Result | Business News | Share Market | ET Now

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CNBC Television

ISM manufacturing index lower than expected in May

⏲ 1 minute 41 seconds 👁 1.9K

With live sheep exports to be phased out sheep meat producers will be looking for other markets. A new trade agreement with India along with its huge population has made exporting there an attractive option.

Australia eyes India for sheep trade ahead of export ban

⏲ 2:52 👁 11.6M

CNBC Television

Trade Tracker: Brian Belski's latest trades

⏲ 2 minutes 22 seconds 👁 571

Late Night with Seth Meyers

Hysterical Trump Faces Jail Time After Guilty Verdict, Fox News Predicts \"Revolution\": A Closer Look

⏲ 14 minutes 42 seconds 👁 195.6K

Advanced Micro Devices, AMD, saw a 1.26% increase in pre-market trading on Monday after revealing its latest AI processors. At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which is expected to be available in the fourth quarter of 2024, Reuters reported. The company aims to develop AI chips over the next two years to compete with Jensen Huang‘s $2.7 trillion industry leader Nvidia, NVDA.

AMD Shares Rise Pre-Market After Semiconductor Giant Unveils New AI Chips To Challenge Jensen Huang's $2.7 Trillion Nvidia Empire

⏲ 0:50 👁 7.4M

Dean Cahill, ACCA

Italy's Stock Market

⏲ 4 minutes 25 seconds 👁 753

Arirang News

Global markets unscathed by Italian referendum

⏲ 51 seconds 👁 122

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Marta y Fina - Sueños de libertad Cap 75 - SUB #mafin

⏲ 10:16 👁 6.2M

AP Archive

Greek and Italian markets slightly up despite referendum chaos

⏲ 2 minutes 44 seconds 👁 50

Bloomberg Television

GameStop Soars Premarket on 'Roaring Kitty' Keith Gill's $116M Bet Post

⏲ 50 seconds 👁 3.6K

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