European markets are expected to open higher today 28/06/2016, despite the current volatility and sell-offs after the referendum in the UK.
London's FTSE is expected to open with an increase of 54 percentage points of price 6036, the German DAX by 118 points higher priced 9387 and the French CAC 50 points increase in price 4035.
Markets will open with cautious optimism, but it is possible to see more declines.
Consumer confidence data from France in 9:45 may have some support on the French CAC.
S & P lowered the credit rating of the UK from AAA to AA, while Fitch downgraded it from AA + and AA with a negative outlook. This is negative for the UK economy and could lead to declines in UKX
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