- 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.
European stocks are set for a muted open on Tuesday as investors await key economic data and digest a slew of corporate earnings.
European stocks are expected to open flat to lower on Thursday as global markets digest the latest U.S. inflation data which showed faster-than-expected price rises.
JPMorgan has upgraded U.K. stocks to “overweight,” ending years of caution on British equity markets which the bank said are now trading at a “record discount.”