European Markets Up Ahead of Wave of Economic Data

European shares were higher on Monday, as markets await a wave of economic data across the globe.[0] The STOXX 600 of the Eurozone increased by 0.1%, the FTSE 100 of London rose by 0.2%, and the IBEX 35 Index of Spain was[0] The German DAX increased by 0.1%, the French CAC 40 jumped 0.1%, and Italy’s FTSE MIB Index was[1]

In Europe, stocks are higher midday, ahead of tomorrow’s batch of economic data.[1] At the latest check, London’s FTSE 100 rose by 0.4%, whereas the German DAX and French CAC 40 increased by 0.5% and 0.9%, respectively.[1]

Investors are looking at various investment options, with the most popular ones being Russell 2000 technical analysis, financials, finance news, industrials, industrial production and CPI. Moreover, focus is on CPI for more detailed analysis.

In the Asia-Pacific region, markets are also looking positive across the board, with the Nasdaq and S&P 500 both trading lower. In the US, Dow Jones futures are also trading higher, and S&P 500 futures are up 0.2%.

In the currency markets, USD/AUD, AUD/USD, USD/INR, USD/JPY, USD/GBP, USD/CHF, USD/EUR, USD/CAD, and GBP/USD are trading, with most of them in a bullish trend. Cryptocurrencies such as Bitcoin are also in the spotlight.[2]

Finally, oil markets are also trading higher, with Brent Crude and US Crude Oil (WTI) both trading higher. Toronto TSX is also up 0.1%.[3]

Overall, investors should be aware of the high risk associated with foreign exchange trading and should ensure they fully understand the risks involved before trading. It is recommended that investors seek independent advice and educate themselves on the risks associated with foreign exchange trading.

0. “Dow Falls 150 Points; US Consumer Prices Rise 0.5% In January – Endava (NYSE:DAVA), Denny’s (NASDAQ:DENN)” Benzinga, 14 Feb. 2023, https://www.benzinga.com/news/earnings/23/02/30900435/dow-falls-150-points-us-consumer-prices-rise-0-5-in-january

1. “Stock Futures Tick Mostly Higher After Dismal Week” Schaeffers Research, 13 Feb. 2023, https://www.schaeffersresearch.com/content/ezines/2023/02/13/stock-futures-tick-mostly-higher-after-dismal-week

2. “Markets Week Ahead: Dow Jones, Nasdaq 100, US Dollar, AUD/USD, US CPI” DailyFX, 12 Feb. 2023, https://www.dailyfx.com/news/markets-week-ahead-dow-jones-nasdaq-100-us-dollar-aud-usd-us-cpi-20230212.html

3. “US equity close: Mixed bag as tech lags. Second weekly decline of the year” ForexLive, 10 Feb. 2023, https://www.forexlive.com/news/us-equity-close-mixed-bag-as-tech-lags-second-weekly-decline-of-the-year-20230210/