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.
European equities open higher to kick start the new week