China's c. bank issues 520.1b yuan off reverse repo    Gold prices edge higher on July 16th    Egypt stocks hit record highs in 2025 as reforms fuel rally: Cabinet    Egypt condemns Israeli strikes on Lebanon, Syria    Egypt signs strategic agreements to attract global investment in gold, mineral exploration    Egypt launches first national workshop on food systems, climate action with UN, global partners    Al-Sisi reviews Egypt's food security, strategic commodity reserves    Syria says it will defend its territory after Israeli strikes in Suwayda    Egypt urges EU support for Gaza ceasefire, reconstruction at Brussels talks    Pakistan names Qatari royal as brand ambassador after 'Killer Mountain' climb    Health Ministry denies claims of meningitis-related deaths among siblings    Egypt's Health Min. discusses drug localisation with Sandoz    Egypt, Mexico explore joint action on environment, sustainability    Egypt, Mexico discuss environmental cooperation, combating desertification    Needle-spiking attacks in France prompt government warning, public fear    Foreign, housing ministers discuss Egypt's role in African development push    Korea Culture Week in Egypt to blend K-Pop with traditional arts    Egypt, France FMs review Gaza ceasefire efforts, reconstruction    CIB finances Giza Pyramids Sound and Light Show redevelopment with EGP 963m loan    Egypt's PM urges BRICS to prioritise peace    Greco-Roman tombs with hieroglyphic inscriptions discovered in Aswan    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    Egypt's GAH, Spain's Konecta discuss digital health partnership    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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European markets to open mixed amid geopolitical worries
Published in Amwal Al Ghad on 12 - 04 - 2017

European bourses are expected to open mixed on Wednesday morning as investors continue to digest a drumbeat of geopolitical news which has fueled the buying of safe-haven assets such as gold.
The FTSE 100 is seen 4 points lower at 7,369; the DAX is expected to open up by 33 points at 12,163 and the CAC is set to open 4 points higher at 5,104.
Wednesday will see Spain release consumer price inflation data at around 8 a.m London time with the U.K. expected to report unemployment data at around 9.30 a.m.
German Chancellor Angela Merkel is poised to convene a meeting of her Cabinet on Wednesday in order to discuss Brexit, as well as the negotiating guidelines of the EU before a special summit on April 29.
In France, centrist presidential candidate Emmanuel Macron will hold a meeting in the southwestern city of Pau with less than two weeks to go until the first round of the two-stage election process.
Macron will attend alongside three time presidential candidate Francois Bayrou, a key supporter of the former economy minister.
U.S. Secretary of State Rex Tillerson travels to Moscow on Wednesday where he will meet with his Russian counterpart Sergey Lavrov to discuss Ukraine, counterterrorism, bilateral relations, and other issues, including the Korean Peninsula and Syria.
Meanwhile, the United Nations Security Council will host a meeting regarding the ongoing Syrian conflict.
Source: CNBC


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