Following positive performances from Wall Street yesterday and the Asian markets overnight, European indices are set to open higher this morning.
The FTSE has opened up in early trading with Investec posting positive earnings and Royal Mail coming in at around expectation. The index is likely to be affected by a UK Retail Sales release at 9:30am GMT, followed by the UK CBI at 11:00am GMT.
The Nikkei finished 1.07% higher last night, closing at 19859.81, while the Hang Seng ended the day’s trading at 22462.90, an improvement of 1.24%.
Gold opened at 1070.3 and improved to a high of 1079.5 overnight as it seeks to bounce back from recent multi-year lows. Currently valued at 1075.5 per ounce.
Brent Crude futures are now threatening to trade beneath the open of $44.30, having seen maintained downside action since around 6:00am GMT.
EUR/USD reached a peak of 1.07178 around midnight but has since lost some modest gains, currently priced at 1.06824.
Cable surged to 1.52943 just after 1:00am GMT and has gone on to maintain a price around that level, with the pair now trading at 1.52740.
Following positive performances from Wall Street yesterday and the Asian markets overnight, European indices are set to open higher this morning.
The FTSE has opened up in early trading with Investec posting positive earnings and Royal Mail coming in at around expectation. The index is likely to be affected by a UK Retail Sales release at 9:30am GMT, followed by the UK CBI at 11:00am GMT.
The Nikkei finished 1.07% higher last night, closing at 19859.81, while the Hang Seng ended the day’s trading at 22462.90, an improvement of 1.24%.
Gold opened at 1070.3 and improved to a high of 1079.5 overnight as it seeks to bounce back from recent multi-year lows. Currently valued at 1075.5 per ounce.
Brent Crude futures are now threatening to trade beneath the open of $44.30, having seen maintained downside action since around 6:00am GMT.
EUR/USD reached a peak of 1.07178 around midnight but has since lost some modest gains, currently priced at 1.06824.
Cable surged to 1.52943 just after 1:00am GMT and has gone on to maintain a price around that level, with the pair now trading at 1.52740.
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