Outlook for European and US markets

Posted by Tim Sholl on 12-Dec-2017 19:41:16
Markets in Europe are flat so far this evening FTSE 7456 up 3 DAX 13127 up 4 CAC 5391 up 4 as markets wait on central bank meetings in next few days. BOE , ECB and Fed by Thursday. UK CPI due out today at 8.30pm AEDT expecting 2.7% y/y could impact GBP currently showing 1.3358. EUR up slightly against USD at 1.1784 up 15. German ZEW Economic Sentiment Index released at 9.00pm AEDT expected 88.9 US PPI released at 12.30am AEDT expecting 0.4% m/m and 0.2% m/m for ex food and energy. US stock futures also flat so far after reaching record highs last night.

Topics: Market News