(RTTNews) – After a strong uptick in the past session, largely due to an uptick in US generation space. USA, European stocks are expected to open with a combined note on Thursday morning, following the fall in US futures. But it’s not the first time
Asian markets are often on the rise, following overnight profits on Wall Street, and in knowledge that seems like a significant accumulation in orders for fundamental Japanese machinery in July.
Investors will continue with Brexit news, updates on coronavirus cases and geopolitical news for guidance.
Markets will also react to a wealth of economic knowledge of the region, but the most important thing will be the European Central Bank’s financial policy announcement, scheduled for 0745 ET. A little later, at 8:30 a. m. ET, ECB President Christine Lagarde will deliver a press conference.
This morning we expect knowledge of Italy’s commercial production by July, the report on customer value inflation in Greece, knowledge of August inflation for Norway, Denmark, Ireland, Portugal, Romania, Sweden and the Czech Republic.
Knowledge of France’s commercial production by July is expected at 2:45 a. m. Et. Later, at 9:30 a. m. ET, scores from the British CB Coincidence Index and CB Leading Index will be delivered.
On the Brexit front, the UK and the European Union are expected to hold emergency talks amid emerging tensions over British Prime Minister Boris Johnson’s resolve to annul elements of the Brexit withdrawal agreement.
In commodities, WTI crude oil futures for October dropped $0. 22 or 0. 58% to $37. 83 consistent with the barrel, while Brent futures dropped $0. 10 or 0. 25% to $40. 69 consistent with the barrel.
On Wednesday, the Pan-European Stoxx 600 index rose by 1. 62%. The UK FTSE 100 rose 1. 39%, Germany’s DAX rose by 2. 07%, France’s CAC 40 rose 1. 4%, and Switzerland’s SMI closed by 1. 52%.