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

Analysts said there were no surprises in the ECB's interest rate decision. If inflation and PMI data in October and November continue to surprise downward, a 50 basis point rate cut at the next meeting in December is possible. Given that this rate cut and more rate cuts (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)