European markets advanced on Friday, set to close the week with solid gains, as expectations of further Federal Reserve easing encouraged risk appetite despite the ongoing U.S. government shutdown.<\/strong><\/p>\n\n\n\n At 03:05 ET (07:05 GMT), Germany\u2019s DAX<\/strong> rose 0.4%, France\u2019s CAC 40<\/strong> added 0.4%, and the U.K.\u2019s FTSE 100<\/strong> gained 0.3% after hitting an all-time high earlier in the week. The pan-European Stoxx 600<\/strong> notched a fresh record on Thursday, marking its fifth consecutive day of gains and on track for a more than 2% rise this week.<\/p>\n\n\n\n Investors largely brushed aside political turmoil in Washington, where the U.S. government shutdown entered its third day, focusing instead on the Federal Reserve\u2019s path for interest rates. The shutdown halted the release of official economic data \u2014 including September\u2019s nonfarm payrolls \u2014 but recent weak labor indicators strengthened expectations for at least two more Fed rate cuts this year, beginning with a likely move in late October.<\/p>\n\n\n\n Historical precedent has also reassured investors, as prior shutdowns have had minimal long-term impact on equities. Still, U.S. Treasury Secretary Scott Bessent<\/strong> warned on Thursday that prolonged disruption could hurt growth.<\/p>\n\n\n\n In Europe, attention turned to upcoming September purchasing managers\u2019 index (PMI) figures, with investors looking for clues on whether the region\u2019s economy is withstanding the drag from new U.S. tariffs. The HCOB eurozone composite PMI<\/strong> is expected to show modest expansion, offering some comfort after months of uneven data.<\/p>\n\n\n\n Meanwhile, inflation in the euro area ticked higher to 2.2% in September<\/strong>, up from 2.0% in August<\/strong>, though the European Central Bank<\/strong> is widely anticipated to leave interest rates unchanged for a third straight meeting on October 30<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":" European markets advanced on Friday, set to close the week with solid gains, as expectations of further Federal Reserve easing encouraged risk appetite despite the ongoing U.S. government shutdown. At 03:05 ET (07:05 GMT), Germany\u2019s DAX rose 0.4%, France\u2019s CAC 40 added 0.4%, and the U.K.\u2019s FTSE 100 gained 0.3% after hitting an all-time high …<\/p>\n","protected":false},"author":9,"featured_media":98251,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[38,36],"tags":[],"class_list":["post-119534","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-commodities-news","category-market-updates"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=119534"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119534\/revisions"}],"predecessor-version":[{"id":119535,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/119534\/revisions\/119535"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/98251"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=119534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=119534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=119534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Fed Easing Outlook Boosts Sentiment<\/h4>\n\n\n\n
Eurozone PMI Data in Focus<\/h4>\n\n\n\n