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European markets are set to open higher on Thursday, with the U.K.’s FTSE 100 expected to rise 16 points, Germany’s DAX up 72 points, France’s CAC gaining 30 points, and Italy’s FTSE MIB increasing by 98 points. Key data releases include Spanish and German inflation figures, along with European economic sentiment and business confidence data from Italy and Spain. Meanwhile, U.S. markets are closed for Thanksgiving, following a decline in light trading on Wednesday.
Asia markets opened mixed following a stall in Wall Street's rally, with attention on the Bank of Korea's upcoming rate decision. U.S. inflation data aligns with the Federal Reserve's goals, suggesting stability in employment and prices, while the S&P 500's strong moving averages indicate solid market internals despite a slight downturn. Analysts are also exploring opportunities in international markets, citing U.S. stocks as relatively expensive.
Kunal Kapur
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european markets set for higher open amid us thanksgiving holiday
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06:46 28.11.2024
asia markets mixed as wall street rally stalls ahead of rate decision
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00:50 28.11.2024
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