European indices expected to open higher

11 September, 2015

European stocks are expected to open on a positive note on Friday, that will be a calm session in terms of economic news, with traders waiting for the upcoming Fed meeting. Asian stocks traded mixed today, although stabilized somewhat after Thursday’s losses. The Chinese benchmark, the Shanghai Composite now trades -0.77% lower at 3,173 levels. While the Nikkei closed marginally lower at 18,264 points. Ahead of Europe open, futures for Germany's DAX 30 index receded gains and now trades muted at 10,225, while futures for the UK's FTSE 100 index advanced 0.06% to 6,168. Among the other indices, French CAC 40 futures pare gains to 4,614, while futures for the pan-European Euro Stoxx 50 index erased gains and trades -0.08% lower at 3,232. Meanwhile, markets will digest the latest German final CPI print which remained steady at 0.2% in August, the same as in July, while prices showed no growth when measured on a monthly basis.


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