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European equities open higher to start the day

September 7, 2020 by admin 0 Comments

A better start after the Friday turnaround

Eurostoxx +0.3%
Germany DAX +0.6%
France CAC 40 +0.3%
UK FTSE +0.6%
Spain IBEX +0.5%

This follows the larger softer mood in Asia, but European equities are taking heart in a weakening currency from last week as they kick start the day a little higher. But the overall risk mood remains questionable, with the US observing a holiday today.

S&P 500 futures are down 0.6% while Nasdaq futures are down 1.4%, so that still points to some mixed tones in the market following the moves on Friday.

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This article was originally published by Forexlive.com. Read the original article here.