European markets will open lower

26.07.2016 / 09:10

Rating:

European markets will lower today , following the weak performance of asian markets.

The drop in oil price and negative sentiment for the black gold will create situations of uncertainty and decreases of fonds markets.

According IG , London UKX will open with 19 points decrease at price 6721, german DAX with 17 point decrease at price 10181 and french CAC with 11 point decrease at price 4377.

Most likely the trading will be cautions, because of upcoming FED meeting tomorrow.

Today we are expecting fiscal reports of the following european companies :

8:00 Orange
9:00 BP
9:00 Virgin Money
9:00 Capital & Countries Properties
9:00 Ipsos Mori
9:00 Drax Group
9:00 Man Group
9:00 Sergo
9:00 CHN Industrial
9:00 Fever-Tree
9:00 PZ Cussons
TBA: Telecom Italia
TBA: LVMH
TBA: Sage

The companies reports will affect the indexes if they are positive , and they are lower than expected we can see further decrease.

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European markets will open lower

London

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