What we should know before EU markets opening

07.04.2017 / 09:30

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All week the markets were waiting forward to meeting the president of Trump with his Chinese counterpart Xi Jinping.

Yesterday was the day when the two world leaders met, but now the markets have received a shock after Trump announced its first missile strikes against Syria in response to the suspected attack with chemical weapons.

The prices of oil, gold and the yen rose sharply, while the stock market fell. European indexes are expected to open lower, as UKX will open 14 points down and Dax and CAC respectively by 37 and 11 percentage points decrease.

Corporate news

Spotify - is ready to face the music aka an IPO, although it's actually mulling opting for listing its shares on an exchange in a direct listing rather than holding a public sale of shares
Fox - will find out later today whether EU regulators give its £11.7bn Sky takeover the go-ahead
Ford - wants to spark demand for electric cars in China; the auto giant is starting building them over there
Amazon - shows no sign of slowing as it's just announced it'll add 30,000 part-time US jobs over the next year

Samsung - has some good news as its quarterly forecast beats estimates

Economic data:

11:30 – UK manufacturing production
11:30 – UK goods trade balance
15:30 – US nonfarm payrolls
15:30 – US unemployment rate
15:30 - US average hourly earnings

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What we should know before EU markets opening

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