European markets are expected top open around the closing levels from yesterday, after Asian markets traded higher.
German DAX expected to open 4 points lower at 10827, French CAC 2 points lower at 4655 and London FTSE 7 points higher at 6813, according to IG markets.
Brussels will on Wednesday hit HSBC, JPMorgan and Crédit Agricole with multimillion-euro fines for rigging the Euribor interest rate benchmark. This in addition to the Italian banks troubles can weight on the banking sector and might lead to declines in stock prices.
Today investors concentrate over the UK Manufacturing Production data at 11:30, the BoC interest rate decision at 17:00 and the JOLTs Job openings from USA at 17:00.
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