European Stocks to open lower after fears over the Oil's prices return in the market place.
European Stocks to open lower due to lower Oil prices, mixes trading in Asian session and the diminishing hopes that an agreement between Opec and Non Opec countries can be achieved in global oil production cuts. American Oil fell 2.34%, to $30.88 per barrel.
FTSE to open lower around 6,024, DAX to open lower around 9,690, CAD to open lower around 4,366.
BP to report earnings today and that will show more clearly how the continuously low price of oil is impacting the Big Oil Companies.
Today we are expecting earnings reports from: USB, Swedbank, LVMH, Infineon and others.
Jr. Trader - S. Fuchedzhiev
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