MARKET WRAPSStocks:European stocks struggled for direction on Tuesday as investor focus again turned to the prospects of further interest rate rises. Investors are watching for clues about the path of interest rates around the world at the ECB annual forum. Focus will now turn to data and further Fed comments for any signs of whether interest rates will rise again after July, ING said. However, this dynamic is unlikely to change a view of Sintra and eurozone inflation later this week, it added. The Stock Market Isn't as Calm as It SeemsDon't be fooled by the sleepy stock market.
Source: Wall Street Journal June 27, 2023 10:15 UTC