European Markets rises oil prices jump
DSIJ Intelligence / 11 Jul 2017
Bourses in Europe opened higher in Tuesday’s morning trade following a trend of gains across U.S. and Asia, as investors and traders keep an eye on the soaring oil prices and new earnings season.
Bourses in Europe opened higher in Tuesday’s morning trade following a trend of gains across U.S. and Asia, as investors and traders keep an eye on the soaring oil prices and new earnings season.
Oil prices faced a choppy trading day on Monday but were up on Tuesday morning. Brent crude was trading at USD 47.35 per barrel while U.S. West Texas crude was trading at USD 44.85 per barrel, both up by approximately 1%.
FTSE, IBEX 35 were trading in negative territory slipping 0.53% and 0.17% respectively.
Meanwhile DAX & CAC gained in trade by 0.18% and 0.01% respectively.
The pan-European Stoxx 600 was up 0.11% with most sectors and all major bourses trading positive.
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