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European equities open higher to kick start the new week

Started by forex4you, Oct 28, 2024, 04:28 pm

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European equities open higher to kick start the new week

  • Eurostoxx +0.4%
  • Germany DAX +0.4%
  • France CAC 40 +0.6%
  • UK FTSE -0.1%
  • Spain IBEX +0.6%
  • Italy FTSE MIB +0.6%

The DAX looks poised to chase a run at fresh record highs once again amid the more optimistic start here. This comes with US futures also holding higher on the day. S&P 500 futures are up 0.5% currently. The more positive development in the Middle East here is in part helping, alongside a sharp drop in oil prices as well as such i.e. less inflation worries. WTI crude is down well over 4% to $68.45 on the day.



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

Source: European equities open higher to kick start the new week

forexlive.com
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