Analysts expect the ECB to cut interest rates by 50 basis points in December

Odaily News Analysts said there were no surprises in the ECB's interest rate decision. If inflation and PMI data continue to surprise downward in October and November, a 50 basis point rate cut is possible at the next meeting in December. Given that this rate cut and more (five by the end of next year) have been digested by European stocks, the current earnings season is more likely to dominate market trends. (Jinshi)