Sun. Jun 20th, 2021

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

European markets opened mixed

1 min read

European markets

European stocks are expected to open in mixed territory on Thursday as global markets pause for breath, awaiting more news on U.S. stimulus measures and coronavirus vaccine approval.

London’s FTSE is seen opening 9 points lower at 6,449, Germany’s DAX 11 points lower at 13,296, France’s CAC 40 2 points lower at 5,576 and Italy’s FTSE MIB up 20 points at 21,996, according to IG.

European markets look set to follow the lackluster trading trend seen elsewhere overnight; U.S. stock futures held steady on Wednesday evening as investors awaited news on stimulus negotiations and the vaccine approval process.

On Wednesday, the U.K. became the first country to grant emergency approval to the Covid-19 vaccine from Pfizer and BioNTech. Regulators in the U.S. and Europe are expected to make determinations on that vaccine and a similar vaccine from Moderna soon.

Still, the rollout of the vaccine is expected to take many months as the coronavirus crisis continues to hit hard in the U.S. which now has more than 100,000 patients hospitalized with Covid-19, according to data from the Covid Tracking Project, which is run by journalists at The Atlantic.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.