European Markets Show Resilience

European markets are poised for a modestly higher opening this Friday, concluding a week filled with significant volatility. The shadow of a potential US-China trade war continues to loom large, influencing investor sentiment and leading to a week of fluctuating decisions.

Key Economic Indicators in Focus

Today's spotlight shines on crucial economic data, including consumer price indices from Germany and Spain. Additionally, the UK's GDP growth, trade balance, and industrial production figures are eagerly anticipated, offering fresh insights into the region's economic health.

Market Movements and Currency Fluctuations

At 8:00 am CET, the DAX and British FTSE 100 saw gains of 0.88% and 1.07% respectively. The CAC 40 and Euro Stoxx 50 also enjoyed positive movements, while the euro and pound strengthened against the US dollar, signaling a cautiously optimistic market outlook.