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European stock markets First hour: Indices open steady
European stocks open steady on a light data day. The German DAX is heading for its 9th weekly gain, the longest winning streak in 17 years. The weaker euro is supporting export-heavy sectors.
Worries over Greece continue to weigh but equities remain supported by the ECB's quantitative easing started on Monday. The ECB is buying bonds worth 60 billion euros a month.
The commodity heavy FTSE 100 index is currently trading -0.10% quoted at 6,754.19, down for the week. Germany's DAX 30 added +0.17% trading at 11,818.86, slightly below its all-time high set at 11,845.9. France's CAC 40 is currently trading at 4,987.67 points, +0.17%.
|remaining time till the new event being published|
- UK PM Theresa May says that she is to step down on 7 June
- UK retail sales remained unchanged in April
- Italy’s Deputy Prime Minister Salvini says EU fiscal rules must be changed
- President Trump says 'dangerous' Huawei could be included in U.S.-China trade deal