EUROPEAN STOCK FUTURES LOWER; FRENCH 1Q GDP IMPRESSES

European stock markets are seen opening slightly lower Friday, ending the week on a cautious note following disappointing Chinese growth data and ahead of key European numbers and the continuing first-quarter earnings season.

At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France were flat and the FTSE 100 futures contract in the U.K. fell 0.2%.

The French economy also grew more than expected in the first quarter, climbing 0.4% from the fourth quarter, as consumer spending and business investment held up despite coronavirus curbs.

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EUROPEAN STOCK FUTURES LOWER; FRENCH 1Q GDP IMPRESSES

European stock markets are seen opening slightly lower Friday, ending the week on a cautious note following disappointing Chinese growth data and ahead of key European numbers and the continuing first-quarter earnings season.

At 3:05 AM ET (0705 GMT), the DAX futures contract in Germany traded 0.1% lower, CAC 40 futures in France were flat and the FTSE 100 futures contract in the U.K. fell 0.2%.

The French economy also grew more than expected in the first quarter, climbing 0.4% from the fourth quarter, as consumer spending and business investment held up despite coronavirus curbs.

Leave a Reply

Your email address will not be published. Required fields are marked *