"European Stocks" European stocks generally opened weakly as the market awaits corporate earnings and the European Central Bank's interest rate decision

The Federal Reserve lowered interest rates by 25 basis points as expected. Major European stock markets were generally soft in the early session this morning (30th), as the market awaited corporate earnings and the European Central Bank's interest rate decision, as well as the Eurozone's economic growth in the third quarter.

The pan-European STOXX 600 index fell less than 1 point or 0.1%, closing at 574.8 points. The UK FTSE 100 index dropped 36 points or 0.4%, closing at 9,720 points; the French CAC 40 index fell 2 points to 8,198 points; the German DAX index rose 72 points or 0.3%, closing at 24,196 points; the Spanish IBEX 35 index decreased by 69 points or 0.4%, closing at 16,080 points; the Italian FTSE MIB index fell 76 points or 0.2%, closing at 43,166 points.

Standard Chartered's stock price in London rose by 4%. Airbus's quarterly results, supported by defense demand, exceeded expectations, with its stock price rising by 3.1%. ING's quarterly profit exceeded expectations and announced a €1.1 billion buyback, with its stock price rising by 4.6%. Appliance stock Electrolux's quarterly profit slightly exceeded expectations, with its stock price soaring over 17%. Automotive stock Stellantis fell by 4.1%, with the company's quarterly net income rising by 13% year-on-year. Crédit Agricole's quarterly results exceeded expectations, with its stock price dropping by 2.4%. Airline stocks performed well, with Lufthansa and Air France-KLM rising by 4.7% and 3.4%, respectively.

In U.S. stock futures, the Dow futures fell by 68 points to 47,729 points; the S&P 500 index rose by 1 point to 6,924 points; the Nasdaq 100 futures remained flat at 26,262 points.

The Bank of Japan maintained its benchmark interest rate at 0.5% as expected. In the Asia-Pacific stock markets, the Shanghai and Shenzhen stock markets fell by 0.7% and 1.2%, respectively. The Hong Kong Hang Seng Index closed down 63 points or 0.2%, at 26,282 points, with a turnover of HKD 353.8 billion. The Taiwan stock market fell by less than 0.1%, the Japanese stock market rose by less than 0.1%, the South Korean stock market rose by 0.1%, the Australian stock market fell by 0.5%, and the New Zealand stock market rose by 0.4%. The Indian Nifty 50 index fell by 172 points or 0.7%, closing at 25,880 points. The Singapore Straits Times Index fell by 8 points or 0.2%, closing at 4,431 points. The Malaysian and Indonesian stock markets rose by 0.1% and 0.2%, respectively, while the Thai and Philippine stock markets fell by 0.1% and 0.6%, respectively. The Vietnamese markets in Hanoi and Ho Chi Minh City fell by 0.4% and 0.7%, respectively