European markets set to open flat as more earnings and economic data loom
CNBC
European markets are set for a muted open as traders await several earnings reports and economic data to end the week.
European markets are set for a muted open as traders await several earnings reports and economic data at the end of the week.
London's FTSE 100 is expected to open 0.3% higher, according to data from IG. Germany's DAX and France's CAC 40 are slated to open nearly flat.
On Friday, among the European companies reporting earnings are BASF, Swiss Re, Holcim, IAG, and Amadeus.
Gold prices rose for a fifth consecutive session on Tuesday, as investors sought safe-haven assets amid an escalating U.S. and Israeli air war against Iran.
The yen and euro were lower on Tuesday as the widening Middle East conflict focused attention on countries dependent on energy imports.
Oil prices continue to rise Iran's Revolutionary Guard says it has closed the Strait of Hormuz,
European stocks are expected to start the new trading week firmly in negative territory.
Oil prices jumped to their highest levels in months on Monday as Iran and Israel escalated attacks in the Middle East, disrupting shipments from the region.
Gold prices rose on Monday after the U.S. and Israel launched strikes on Iran, killing Supreme Leader Ayatollah Ali Khamenei, deepening global uncertainty.
Oil futures on Monday jumped by over 8%, with West Texas Intermediate futures and Brent trading at $72.52 and $79.04 per barrel respectively.
European markets finished mixed as more earnings reports and economic data were in focus.