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Positive sentiment at the opening of the European stock market

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Markets in Europe are set to open higher on Friday morning as investors focus on data and as the world digests news that the U.S. is withdrawing from the Paris climate change deal.

After positive employment and factory growth figures in Europe, investors will be looking at PMI construction data in the U.K. at 09.30 a.m. London time, provisional GDP figures in Greece at 10 a.m. London time and nonfarm payrolls in the U.S. at 1.30 p.m. London time.

Auto and consumer good stocks should be on investors' radar this morning. German authorities have accused Audi of cheating emissions tests with its top-end models.

Meanwhile, the world is reacting to President Donald Trump's decision to pull out of the Paris Climate Agreement. World leaders refused to re-open negotiations and have told Trump that this decision will harm America's interests.

Source: Bloomberg

Jr Trader Petar Milanov


 Varchev Traders

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