European stock futures have contracted under the influence of declining Asian stocks, driven by low oil prices and concerns about the Chinese economy. The Euro Stoxx 50 contract fell by 0.5%, while US futures remained stable. In Asia, stocks have declined, from Hong Kong to mainland China and Australia, following the third drop in the S&P 500 index’s value.
The US dollar remains relatively stable compared to other currencies, and global markets are closely monitoring the actions of the US Federal Reserve, awaiting forecasts for the next three months and possible changes in interest rates.
Oil has stabilized after a five-day decline, despite concerns about oversupply. Commodity prices have reached their lowest level since August 2021. Meanwhile, Bitcoin continues to trade below the $44,000 level.
