European Markets Steady Ahead of ECB Meeting, US Inflation; Gaza Truce Talks Aid Sentiment
• European markets expected to open steady this week ahead of ECB meeting and latest US inflation data • ECB widely expected to stand pat on rates but possibly hint at future rate cuts • Investors to assess US PPI data, Fed minutes, UK GDP; Fed speakers also due • US CPI report on April 10 expected to show slowing core inflation; key for Fed rate cut timing • Reported progress on Gaza truce talks helped boost risk appetite late last week