FTSE +4 points at 7165
DAX -11 points at 11837
CAC -4 points at 4863
European markets are set for a mixed open today with shares in France and Germany tilting lower whilst those in the UK are looking firmer.
Asian markets were mostly higher, taking cue from record highs in the US as parts of the continent celebrate Chinese New Year. Data showed Japanese inflation improved in December.
In FX markets, the Mexican peso came under pressure after a war of words between President Trump and the President of Mexico led to a planned meeting being cancelled. Trump’s team is now reportedly mulling a 20% border tax with Mexico ahead of the likely renegotiation of NAFTA.
Economic Calendar
- French Q4 GDP
- Spanish Retail Sales
- Italian Consumer Confidence
- Italian wage inflation
- US Q4 GDP
- US Durable Goods Orders