URGENT: US PPI declines by 0.2% in May    Egypt secures $130m in non-refundable USAID grants    HSBC named Egypt's Best Bank for Diversity, Inclusion by Euromoney    Singapore offers refiners carbon tax rebates for '24, '25    Egypt's CBE offers EGP 4b zero coupon t-bonds    G7 agrees on $50b Ukraine loan from frozen Russian assets    EU dairy faces China tariff threat    Over 12,000 Egyptian pilgrims receive medical care during Hajj: Health Ministry    Egypt's rise as global logistics hub takes centre stage at New Development Bank Seminar    Blinken addresses Hamas ceasefire counterproposal, future governance plans for Gaza    MSMEDA, EABA sign MoU to offer new marketing opportunities for Egyptian SMEs in Africa    Egypt's President Al-Sisi, Equatorial Guinea's Vice President discuss bilateral cooperation, regional Issues    Egypt's Higher Education Minister pledges deeper cooperation with BRICS at Kazan Summit    Gaza death toll rises to 37,164, injuries hit 84,832 amid ongoing Israeli attacks    Egypt's Water Research, Space Agencies join forces to tackle water challenges    BRICS Skate Cup: Skateboarders from Egypt, 22 nations gather in Russia    Pharaohs Edge Out Burkina Faso in World Cup qualifiers Thriller    Egypt's EDA, Zambia sign collaboration pact    Madinaty Sports Club hosts successful 4th Qadya MMA Championship    Amwal Al Ghad Awards 2024 announces Entrepreneurs of the Year    Egyptian President asks Madbouly to form new government, outlines priorities    Egypt's President assigns Madbouly to form new government    Egypt and Tanzania discuss water cooperation    Grand Egyptian Museum opening: Madbouly reviews final preparations    Madinaty's inaugural Skydiving event boosts sports tourism appeal    Tunisia's President Saied reshuffles cabinet amidst political tension    Instagram Celebrates African Women in 'Made by Africa, Loved by the World' 2024 Campaign    Egypt to build 58 hospitals by '25    Swiss freeze on Russian assets dwindles to $6.36b in '23    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    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    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



European markets seen mixed amid Middle East tensions
Published in Amwal Al Ghad on 12 - 04 - 2018

European markets are set to open mixed Thursday morning, as investor sentiment was curbed by the threat of imminent U.S. military action in Syria.
The FTSE 100 is seen 13 points lower at 7,242, while the CAC is set to open 6 points higher at 5,278 and the DAX is expected to start 1 point lower at 12,291, according to IG.
In an incendiary tweet Wednesday, President Donald Trump said Russia should "get ready" for missiles to be fired into Syria. The U.S. president appeared to taunt the Kremlin for its support of Syrian President Bashar Assad, following a suspected chemical attack in the war-torn nation over the weekend. Both Damascus and Moscow have denied any responsibility. Trump's comments elevated fears of a direct conflict over Syria with the two world powers backing opposing sides.
Meanwhile, heightened geopolitical tension in the Middle East prompted oil prices to surge to 2018 highs. Brent crude futures traded at $72.18, up 0.2 percent on Thursday morning, while WTI rose 0.4 percent to $67.10 — a level last seen in December 2014.
Back in Europe, euro area industrial production data for February are due to be released at around 10 a.m. London time.
On the corporate front, London-listed stock WH Smith is due to publish its latest interim results on Thursday morning. Source: CNBC


Clic here to read the story from its source.