European stocks set to rebound as geopolitical fears abate

Britain's FTSE 100 is seen rising 45 points to 7,607, Germany's DAX climbing 70 points to 13,187 and France's CAC lifting 32 points to 6,042, according to IG index data.

Market focus is largely attuned to geopolitical developments following Washington's targeted killing of Iran's top military commander Qasem Soleimani in Iraq. Equity markets fell the past two sessions amid a flight to safety, but look to be changing course as Monday passed with no new escalation in tensions.showing U.S.

In Asia, equities rose with Japan leading the gains. The Nikkei 225 and Topix Index both rose around 1.5%, while MSCI's broadest index of Asian shares excluding Japan climbed almost 0.8%. Back in Europe, market players are likely to monitor political developments in Spain. Socialist leader Pedro Sanchez is expected to garner enough support in parliament for his left-wing coalition government later in the day.

In terms of data, Swiss, Italian and euro zone inflation figures for December are due to be released, as well as European retail sales for November.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market Rebounds, Shaking Off Geopolitical Fears For NowStocks recovered earlier losses to end Monday in the green.
Source: Forbes - 🏆 394. / 53 Read more »

Stock Market Rebounds, Shaking Off Geopolitical Fears For NowDespite ongoing U.S. tensions with Iran that derailed markets last week, U.S. stocks staged an impressive rebound today, recovering from earlier anxiety on Wall Street by skleb1234 skleb1234 bargain hunters. as this gets worse, stocks will tumble. it’s overdue, actually. “uncertainty” is the middle name of this “administration” somebody should look into how much foreign investment is propping up the market. could be more russian interference for realDonaldTrump skleb1234 All signs of bubble, don't care of any news.
Source: Forbes - 🏆 394. / 53 Read more »

European stocks seen lower as US-Iran tensions fuel safe haven buyingEuropean stocks are set to open lower on Monday, as investors monitor rising tensions between the United States and Iran. zerohedge 'Britain's FTSE 100 is seen falling 34 points to 7,580, Germany's DAX slumping 110 points at 13,092, and France's CAC dropping 43 points to 5,983, according to IG index data.'
Source: CNBC - 🏆 12. / 72 Read more »