- November 19, 2021
- By: Admin1_blog
- EU Market, Indices
European stocks are expected to open around the flatline on Thursday amid market concerns around the region’s inflation outlook.
The U.K.’s FTSE index is seen opening 6 points lower at 7,281, Germany’s DAX 2 points lower at 16,248, France’s CC 40 down 3 points at 7,155 and Italy’s FTSE MIB 10 points lower at 27,651, according to data from IG.
Most Asian stocks fell Wednesday as the dollar held around a one-year high, bolstered by robust U.S. economic data that highlighted the case for tighter monetary policy and pushed up Treasury yields.
European stocks are set for a muted open on Tuesday as investors await key economic data and digest a slew of corporate earnings.
Stocks were mixed Monday amid data showing steadying economic growth in China as well as ongoing challenges in the nation’s troubled property sector. Treasuries were steady and the dollar slipped.
Stocks rose along with U.S. equity futures Friday, bringing some relief for shares from the inflation fears still roiling Treasuries.
MSCI Inc.’s Asia-Pacific gauge posted its biggest rise this week, helped by Japan’s bourse and China’s technology stocks. The view that the worst of Beijing’s regulatory blitz has passed salved sentiment. U.S. and European contracts climbed after the S&P 500 snapped a two-day fall.