War cry goes down, European markets go up
DSIJ Intelligence / 14 Aug 2017
With senior US officials toning down the war rhetoric between the US and North Korea, the European markets were energised to some extent and opened at a higher level in the morning hours.
With senior US officials toning down the war rhetoric between the US and North Korea, the European markets were energised to some extent and opened at a higher level in the morning hours.
The FTSE 100 index was trading at 7,336, up by 25.82 points; CAC 40 index was at 5,098, higher by 37.81 points; while the German DAX was at 12,128, soared by 114.89 points. The pan-European Stoxx 600 was up by 0.4%.
The euro zone industrial production figures for June are likely to be released today. Also, the merger of Standard Life and Aberdeen Asset Management is likely to become effective during today’s trading session.