European Markets Show Modest Gains

European markets are poised for a slightly higher opening this Friday, concluding a week filled with significant volatility. The ongoing concerns over a potential US-China trade war have kept investors on edge, leading to a week of fluctuating market sentiments.

Key Economic Data in Focus

Today's spotlight is on crucial economic indicators, including consumer price indices from Germany and Spain. Additionally, the UK's gross domestic product, trade balance, and industrial production figures are eagerly awaited by investors seeking clarity amidst the uncertainty.

Market Performances at a Glance

At 8:00 am CET, the DAX saw an increase of 0.88%, while the British FTSE 100 advanced by 1.07%. The CAC 40 and Euro Stoxx 50 also recorded gains of 0.48% and 1.10%, respectively. Currency markets reflected optimism as well, with the euro and pound both gaining against the US dollar.