European stocks are on the rise, fueled by optimism over potential ECB rate cuts in December! đ The Stoxx 600 climbed 0.5%, with tech and energy leading the charge. ASML Holding NV shares soared over 5% thanks to a bright 2030 outlook, while Siemens Energy benefited from increased grid tech demand.
Meanwhile, solid GDP and employment data are painting a promising picture for the Eurozone. GDP grew by 0.4% in Q3, surpassing expectations, and employment rose by 0.2%. Despite challenges in the industrial sector, European markets remain resilient and optimistic. With the dollar gaining strength and U.S. bond yields rising, all eyes are on the ECB's next move! đđȘ