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The European session will open higher

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The German DAX index will open with the greatest increase among the major European indices by 9 points at around € 11,639.
The French CAC40 will open by 3 points elevation of around € 4,850.
British UK100 index will open with a slight decrease of 2 percentage points from 7168 levels.
The euro fell against the US dollar, Canadian dollar and the yen but against other crosses remained unchanged during the Asian session.
The British pound has increased against most currencies and retreat against the US and Canadian dollar.
Today during the European trading session, investors will have turned their attention to the IFO business climate in Germany at 11:00. Then at 15:15, Bundesbank president Weidmann will have a statement.
Today, Europe wait two profit, one of the pharmaceutical company Novartis, and one of the Spanish bank Santander.


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