European Stocks to open flat

10.02.2016 / 09:23

Rating:

European stocks to open flat, but more likely to see lower prices later in the day.

Concerns over the Global economy and pressure over the banking stocks have negative impact on the markets continuous. The investors kept their focus on the banking stocks as Deutsche Bank price fell 4%. Today the focus is at the Italian Banks with earnings reports due out from Banca Generali and MedioBanca.

Oil Prices again under the focus, with prices raise sharply during the Asian session, due to reports that Iran are in talks with Saudi Arabia over the conditions of current oil prices and production globally. US Oil up with 2.3% at $28.59 per barrel. Today Opec will come out with its monthly oil report.

FTSE to open at 5,615, DAX to open at 8,850 and CAC to open at 3,980. Overnight the markets were volatile, with Japan, Singapore and Australia closing lower.

Jr. Trader - S. Fuchedzhiev

Varchev Traders

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.

WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.

Varchev Finance

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

European Stocks to open flat

London

Universal numbers