Rising yields keep the heat on stocks, UK Retail Sales in focus

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It was another poor day for European markets yesterday with the FTSE100 getting hit the hardest, while the DAX also slipped back before finding an ele

ment of support at the 15,000 area just above its October lows. The FTSE250 also had a poor day closing at a one year low. Sentiment continues to remain fragile and while the geopolitical noise from the Middle East wasn’t as apparent yesterday, it’s still very much there and remains a clear and present danger for nervous investors, as concerns rise over third party involvement.

is expected to open 22 points lower at 7,477. DAX is expected to open 80 points lower at 14,965. CAC40 is expected to open 48 points lower at 6,873.

 

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