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.


Source link  
US Dollar finds buyers around 100.20

The greenback, measured by the US Dollar Index, stays under...

Gold consolidates near $1,260/oz

The ounce troy of the precious metal has reverted yesterday’s pullback and is now trading near session tops around $1,260...

Oil sits at multi-month troughs

Oil benchmarks on both sides of the Atlantic snapped a minor-bounce and traded modestly flat ahead of the European open, as investors remain wary heading towards the inventory report due to be published by the API later on the day...


Gold holding stable around $1318

After dipping to $1315 region, Gold has managed to recover the lost ground and is currently trading nearly unchanged around $1318 level, awaiting for fresh impetus from FOMC monetary policy decision...

Gold inching higher to reclaim $1300 level

Risk-off sentiment across global financial markets and broader USD weakness continues to boost demand for Gold, which has now moved within striking distance of reclaiming $1300 level for the first time since Jan. 2015...

Gold regains poise, set to test $ 1250

The bullion ran through fresh bids during the European session, now pushing further towards $ 1250 mark as we head closer towards the Fed interest rate decision...


Gold stays below $1200 in Europe, risk-on weighs

Gold prices recovered off lows, but stay below USD 1200 mark in Europe as the major European equity futures point to risk-on action after opening bell...

The Economic Week Ahead - January 18 - 22, 2016

United States: After the holiday break today (Martin Luther King, Jr. Day), the U.S. economic calendar may offer only limited last-minute insight for the Fed ahead of its policy decision the following week...

What is in store for global financial markets

Research Team at Goldman Sachs, expects global GDP growth to edge up from 3.1% in 2015 to 3.5% in 2016, although the improvement largely reflects stabilization in some of the hardest-hit EM economies...

  


Share: