European stocks seen slightly higher amid investor caution over global growth

  • 📰 CNBC
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

European stocks are set to open slightly higher Friday morning, as investors breathe a sigh of relief after a delay to Brexit but continue to remain concerned over global growth.

div > div.group > p:first-child"> The FTSE 100 is seen 15 points higher at 7,432, the CAC is expected to open 5 points higher at 5,490 and the DAX is set to open 8 points higher at 11,943.

But investors are relieved after talks between EU leaders and British Prime Minister Theresa May earlier this week culminated in a"flexible extension" of the U.K.'s departure from the bloc until Oct. 31. "At least the UK is not leaving on April 12 without a deal. It gives time for continued discussions between the various parties involved in the UK. It probably gives time for economic agents to better prepare for all options, particularly industrialists and workers, in order to try to secure their future," Lagarde said during the IMF and World Bank spring meetings in Washington.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'Slightly higher amid caution...' So we have European investment morons ill-prepared to lose other's retirement money? Totally reassuring.

Canada Canada Latest News, Canada Canada Headlines