Europe set to open higher, US-China talks in focus

Markets 5/18/2018, 8:22 AM
Europe set to open higher, US-China talks in focus

European stock index futures pointed to a higher open on Friday as investors continued to closely follow the second round of trade talks between the United States and China. Earnings were also in focus with AstraZeneca reporting its quarterly results before the bell. Market watchers were also digesting German producer prices data released earlier today.

The FTSE 100 is expected to add 0.11% at the start of the session. The DAX is seen 0.15% in the green, while the CAC 40 is set to increase 0.97%.

The euro gained 0.14% against the US dollar to sell for 1.1810 at 8:21 am CET while it rose 0.12% against the British pound at the same time.

Breaking the News / VK

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Germany 30 In...+0.29%

12,927.10
Chart for: Germany 30 Index

France 40 Ind...-0.58%

5,538.45
Chart for: France 40 Index

UK 100 Index-0.40%

7,713.93
Chart for: UK 100 Index

EUR/USD-0.51%

1.16609
Chart for: EUR/USD Spot