European stocks seem ready to open less on Wednesday, as investors interact with a proposal from the Federal Reserve Chairman Jerome Powell that stocks are “somewhat high.”
FTSE 100 in London is expected to open 0.2 % less, according to IG, while Dax and France Cac is 40 to 0.3 % and 0.4 %, respectively.
Overnight in Asia, stocks I moved widespreadwhile American stock futures were flat In the early hours of Wednesday morning.
The global markets were shaken after the President of the Federal Reserve Jerome Powell He said on Tuesday Asset prices, including stocks, were trading in inflated levels.
He said, when asked about the levels of tolerance with the Central Bank of Market Bank: “Through many measures, for example, stock prices are somewhat high.”
Meanwhile, US President Donald Trump said that Ukraine can recover all its lands from Russia in A major shift in the situation Tuesday.
“I think Ukraine, with the support of the European Union, is in a position that enables it to fight and win all Ukraine in its original form.” He said in a post On the social truth platform.
“With the passage of time, patience and financial support for Europe, especially the original borders in terms of this war, it is a large option,” he added.
Trump met with Ukrainian President Folodimir Zellinsky of the United Nations General Assembly in New York on Tuesday, when he expressed his support for NATO members who shot down any Russian plane that violated the airspace.
Returning to Europe, investors will monitor the commercial climate update in Germany, which is scheduled to be published later on Wednesday morning, while the Swiss Economic Persons Index was also issued in September during the session.
– Jeff Cox of CNBC contributed to this article.
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