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Stockreport

European markets set to open mixed; Deutsche Bank, Bayer report earnings [CNBC]

Diageo (DEO)  More Company Research Source: CNBC
US:NYSE Investor Relations: diageo.com/en/investors
PDF The Federal Reserve signaled Wednesday that it could be ready as soon as September to start steadily shrinking its holdings of more than $4 trillion in bonds. The U.S. central bank also maintained its benchmark lending rate and suggested it was on course to stick to its slow path of monetary tightening. On the earnings front, Deutsche Bank , Volkswagen , Diageo and Bayer were among the major companies reporting their latest figures on Thursday. Elsewhere, the U.K.'s International Trade Secretary Liam Fox continues his visit to Mexico as part of Britain's ongoing efforts to secure its trading future outside of the European Union. Meanwhile, stocks were broadly positive in Asia after the Fed supported market sentiment by indicating interest rate hikes would be lower for longer than some had expected. [Read more]

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