Friday , 20 September 2024
Home Forex European indices find some calm in the opening stages today
Forex

European indices find some calm in the opening stages today

  • Eurostoxx +0.4%
  • Germany DAX +0.5%
  • France CAC 40 +0.3%
  • UK FTSE +0.6%
  • Spain IBEX +0.2%
  • Italy FTSE MIB +0.6%

It has been a rough showing over the last two days for European equities, particularly French stocks. The CAC 40 got off to a better start yesterday only to fall by 1.3% by closing time. So, the slight bounce today isn’t indicative of much. All eyes will be on the US inflation numbers later to see how that will affect the broader market mood.

This article was written by Justin Low at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Crude Oil Technical Analysis – Testing a key resistance

Fundamental OverviewCrude oil continues to remain supported as the buyers might be...

BOE’s Mann: Policy needs to stay restrictive to purge inflationary behaviours

It is better to remain restrictive for longerWe can cut more aggressively...

Gold Technical Analysis – The fall in real yields drives the price higher

Fundamental OverviewThe Fed this week finally started its easing cycle and decided...

BOJ governor Ueda: Easy monetary conditions are in place as real rates remain negative

US economy achieving soft landing is our main scenarioIf US economy achieves...