European equities open higher to kick start the new week

October 28, 2024
-FCHFX

October 28, 2024 at 08:08AM

Eurostoxx +0.4%

Germany DAX +0.4%

France CAC 40 +0.6%

UK FTSE -0.1%

Spain IBEX +0.6%

Italy FTSE MIB +0.6%

The DAX looks poised to chase a run at fresh record highs once again amid the more optimistic start here. This comes with US futures also holding higher on the day. S&P 500 futures are up 0.5% currently. The more positive development in the Middle East here is in part helping, alongside a sharp drop in oil prices as well as such i.e. less inflation worries. WTI crude is down well over 4% to $68.45 on the day.

This article was written by Justin Low at www.forexlive.com.

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