Europe to start lower after Fed, earnings in focus

Markets 11/9/2018, 8:58 AM
Europe to start lower after Fed, earnings in focus

European markets are set to start a day of trading in the red on Friday as investors digested United States Federal Reserve's yesterday's decision to keep interest rates unchanged. Meanwhile, market watchers were still focused on corporate results as the earnings season continued with Allianz reporting its earnings per share in the third quarter of this year rose 29% year on year. In the United Kingdom, Brexit remained a closely watched topic as the British government has plans to discuss the divorce agreement over the weekend.

The DAX is seen 0.53% lower, the CAC 40 is set to lose 0.46% while the FTSE 100 is expected to decline 0.46%

The euro lost 0.24% against the US dollar to sell for 1.1333 at 9:01 am CET.

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Share:

France 40 Ind...-0.83%

5,036.50
Chart for: France 40 Index

Germany 30 In...-0.80%

11,367.45
Chart for: Germany 30 Index

EUR/USD-

1.1416
Chart for: EUR/USD Spot

UK 100 Index-0.93%

7,027.75
Chart for: UK 100 Index