
European Markets Brace for a Volatile Week
European markets are poised to open slightly higher this Friday, capping off a week fraught with significant volatility. The shadow of a potential US-China trade war continues to unsettle investors, leading to a rollercoaster of buying and selling decisions influenced by US policy shifts.
Today's Economic Highlights
Key economic indicators on the agenda include the consumer price indices for Germany and Spain, alongside the UK's gross domestic product, trade balance, and industrial production figures. These releases are eagerly awaited by investors seeking clarity in these uncertain times.
Market Movements at a Glance
At 8:00 am CET, the DAX saw a rise of 0.88%, with the British FTSE 100 not far behind at a 1.07% increase. The CAC 40 and Euro Stoxx 50 also enjoyed gains of 0.48% and 1.10%, respectively. Currency markets reflected optimism as well, with the euro and pound both appreciating against the US dollar.
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