Agricultural Bank of Egypt offers 5-year livestock loans at 5% to support small farmers    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    EGP closes high vs. USD on Wednesday    Germany's regional inflation ticks up in April    Euro area GDP growth accelerates in Q1'25    Taiwan GDP surges on tech demand    Germany among EU's priciest labour markets – official data    UNFPA Egypt, Bayer sign agreement to promote reproductive health    Egypt to boost marine protection with new tech partnership    Eygpt's El-Sherbiny directs new cities to brace for adverse weather    Pakistan says 'credible intelligence' of Indian attack within 36 hours, vows decisive reply    Egypt's investment authority GAFI hosts forum with China to link business, innovation leaders    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's Gypto Pharma, US Dawa Pharmaceuticals sign strategic alliance    UN chief Guterres criticises Israel's Gaza aid blockade, warns on two-state solution    "5,000 Years of Civilizational Dialogue" theme for Korea-Egypt 30th anniversary event    Egypt's Al-Sisi, Angola's Lourenço discuss ties, African security in Cairo talks    Egypt's Al-Mashat urges lower borrowing costs, more debt swaps at UN forum    Egypt FM affirms full support for Somalia's unity, security    Central Bank of Egypt meets Chinese delegation to enhance bilateral relations    Sudan conflict, bilateral ties dominate talks between Al-Sisi, Al-Burhan in Cairo    Cairo's Madinaty and Katameya Dunes Golf Courses set to host 2025 Pan Arab Golf Championship from May 7-10    Egypt's Ministry of Health launches trachoma elimination campaign in 7 governorates    EHA explores strategic partnership with Türkiye's Modest Group    Between Women Filmmakers' Caravan opens 5th round of Film Consultancy Programme for Arab filmmakers    Fourth Cairo Photo Week set for May, expanding across 14 Downtown locations    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Ancient military commander's tomb unearthed in Ismailia    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Egypt to host global celebration for Grand Egyptian Museum opening on July 3    Ancient Egyptian royal tomb unearthed in Sohag    Egypt hosts World Aquatics Open Water Swimming World Cup in Somabay for 3rd consecutive year    Egyptian Minister praises Nile Basin consultations, voices GERD concerns    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    







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



European markets seen opening slightly higher as earnings, yields remain in the spotlight
Amwal Al Ghad Published in Amwal Al Ghad on 24 - 04 - 2018

European markets are set to post modest gains at Tuesday's open as investors await the latest deluge of corporate earnings.
The FTSE 100 is seen up around 14 points at 7,413, the CAC is expected to open 8 points higher at 5,447, while the DAX is poised to start 32 points up at 12,604, according to IG.
Looking to today's trading session in Europe, earnings season continues to deliver a fresh cluster of financial updates from leading businesses.
Kering, SAP, Telecom Italia, AkzoNobel, Randstad, Santander, Volvo Group, Swedbank, Anglo American, Shire and the London Stock Exchange are just a handful of those slated to publish results.
In markets overseas, stocks in Asia ticked higher during Tuesday's session despite a weak trading day on Wall Street, as investors kept a close eye on the U.S. bond market.
On Monday, the yield on the 10-year Treasury note hit 2.99 percent, its highest level since January 2014. The yield was flirting with the key psychological 3 percent level, which could trigger a reaction from markets across the globe; however, the yield has since come off its highs.
Investors have been selling Treasurys in April, consequently pushing yields up, amid beliefs of rising inflation, which may encourage the U.S. central bank to tighten monetary policy more rapidly.
Another market topic keeping investors busy is the oil market. On Tuesday, Brent crude rose for the sixth day on expectations that supplies will tighten. Ahead of Europe's open, Brent dipped below $75, while U.S. crude was close to the $69 per barrel mark.
Elsewhere, investors will be paying attention to any news out of the political space as French President Emmanuel Macron continues his state visit to the U.S., where he is currently meeting President Donald Trump.
While security, trade and economic growth are expected to remain at the forefront of discussions, another topic that hangs in the balance is that of the Iran nuclear deal. Over the weekend, Macron said that there was no "Plan B" for keeping a lid on the country's nuclear objectives; Reuters reported.
Looking to economic data, the Ifo Business Climate Index for Germany is scheduled to be released in early market trade.
Source: CNBC

Clic here to read the story from its source.