Egypt invites US investment in ports, shipping, and rail sectors    Finance Ministry launches €10M fund to support PPP project preparation    Public Prosecution to transfer 200kg of refined gold to CBE: Shawky    Egypt inks $121m oil, gas exploration deals with Apache, Dragon Oil, Prenco    Egypt's Foreign Minister, Pakistani counterpart meet in Doha    Egypt condemns terrorist attack in northwest Pakistan    Emergency summit in Doha as Gaza toll rises, Israel targets Qatar    Egypt renews call for Middle East free of nuclear weapons، ahead of IAEA conference    Egypt's EDA, Korean pharma firms explore investment opportunities    Egypt's FM heads to Doha for talks on Israel escalation    Egypt strengthens inter-ministerial cooperation to upgrade healthcare sector    Egyptian government charts new policies to advance human development    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    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    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, earnings and data in focus
Published in Amwal Al Ghad on 16 - 05 - 2017

European markets are expected to open mixed Tuesday as investors continue to weigh global security concerns and digest fresh record highs in the previous session.
The FTSE 100 is set to open 3 points higher at 7,452; the DAX is on track to open down 2 points at 12,787; while the CAC 40 is expected to open 6 points higher at 5,394.
On the earnings front, EasyJet, Vodafone and Premier Foods are among the major companies expected to report first-quarter results Tuesday.
German Chancellor Angela Merkel expressed a new openness to far-reaching changes to secure the future of the European Union as she met with newly-elected French President Emmanuel Macron on Monday evening. The two leaders said Macron's election victory could revitalize the Franco-German relationship, which has long been the engine for binding EU member states.
Elsewhere, Britain's International Trade Secretary, Liam Fox, said Monday the U.K. would be a leading supporter of free trade, despite its plans to depart from the European Union. Fox stressed Britain would not pursue isolationist policies throughout the Brexit process and criticized other nations for a slowdown in international trade.
In terms of data, euro zone gross domestic product (GDP), the closely watched ZEW survey showing German investor morale and the IEA oil market report are all scheduled for release Tuesday morning.
Source: CNBC


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