European markets relax a bit, open at higher level

DSIJ Intelligence / 16 Aug 2017

 European markets relax a bit, open at higher level

With there being an easing out of the hitherto mounting tension between the US and North Korea, the European markets jumped to a higher level during the early trading hours on Wednesday

With there being an easing out of the hitherto mounting tension between the US and North Korea, the European markets jumped to a higher level during the early trading hours on Wednesday
 
The FTSE 100 index was trading at 7,420, up by 36.33 points; the CAC 40 index was trading at 5,173, higher by 33.19 points and the German DAX was at 12,256, up by 79.84 points. The pan-European Stoxx 600 was up by 0.31%.
 
On the financial front, Maersk, Carlsberg and Admiral Group will present their latest figures on Wednesday. Meantime, the dollar hoarded significant gains on Wednesday on account of strong retail data.

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