Europe seen higher after May turmoil, ahead of ECB

Markets 12/13/2018, 8:54 AM
Europe seen higher after May turmoil, ahead of ECB

European stock index futures pointed to a higher open on Thursday as investors digested the last night's events in which leader of Conservatives and British Prime Minister Theresa May came out undefeated after her party's no-confidence vote failed. Meanwhile, market watchers were also focused on the upcoming European Central Bank (ECB) monetary policy decision due for release later in the day. Traders also looked into the German consumer price growth report was already released before the opening bell.

German DAX is set to open 0.32% higher, French CAC 40 is expected to rise 0.23% while the UK's FTSE 100 is seen 0.12% in the green.

The euro gained 0.10% against the US dollar to sell for 1.1382 at 8:51 am CET while the European currency also increased 0.22% against the British pound to go for 0.8994 at 8:52 am CET.

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Share:

France 40 Ind...+0.06%

4,787.55
Chart for: France 40 Index

Germany 30 In...0.00%

10,897.20
Chart for: Germany 30 Index

EUR/USD-0.04%

1.1409
Chart for: EUR/USD Spot

UK 100 Index+0.24%

6,893.50
Chart for: UK 100 Index