European markets expected to open positively, influenced by positive sentiment in global markets

From Nasdaq: 2024-08-12 01:51:10

European markets are expected to open the week positively amid anxiety over upcoming inflation updates from Europe, the U.K., and the U.S. Wall Street closed mildly positive on Friday, with Nasdaq up 0.51% and Dow Jones up 0.13%. Positive sentiment prevailed in European bourses on Friday as markets reassessed recession concerns. Current European stock futures indicate a positive sentiment. American stock futures are trading flat. Asian markets are trading positively. Dollar index edged up, and gold reversed gains. Crude oil prices remain elevated due to tensions in the Middle East. No major data releases are scheduled on Monday. Major earnings updates expected from various companies.



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