London's FTSE is seen 19 points higher at 5,851, Germany's DAX is seen 31 points higher at 10,666 and France's CAC 40 is seen 3 points higher at 4,497 while Italy's FTSE MIB is seen opening 39 points lower at 17,229, according to IG.
Oil prices slid 11% during overnight trading, extending Monday's nearly 25% decline amid ongoing fears that storage around the world is rapidly filling. European markets are heading towards a mixed open Tuesday as falling oil prices remain a focal point for investors.
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:
I expect that we are gonna see how Oil becomes 'rubbish' due to low demand and electric vehicles, in the middle and long term. There will be no Rebound which we are gonna see, that's just a 'breather'
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan stocks set to rise as oil prices plunge overnight; HSBC earnings aheadWest Texas Intermediate for June delivery plunged more than 24% overnight to settle at $12.78 per barrel. International benchmark Brent crude futures also saw sharp losses as the contract fell 6.76% to $19.99 per barrel. 😷 Nothing makes sense anymore Clown market.
Source: CNBC - 🏆 12. / 72 Read more »
Asia stocks set to rise as Wall Street jumps on lockdown easing hopesAsian stocks were set for gains on Tuesday after a strong Wall Street session as easing lockdown restrictions by some countries and U.S. states buoyed sentiment, despite another decline in oil prices. NEW: Canada reports 1,605 new cases of coronavirus and 147 new deaths. A total of 48,500 cases and 2,707 deaths. Cut China from The US financial system. Expel Chinese students. No Chinese tourist visas. 100% tariffs on Chinese goods. Sanctions and assets frozen.
Source: Reuters - 🏆 2. / 97 Read more »