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LONDON – European stocks are expected to open higher on Wednesday, continuing the positive sentiment seen in global markets since the start of the week.
from the United Kingdom FTSE The index is expected to open 7 points higher, at 8,557, from Germany DAX 98 points have risen to 21,140, from France CAC 40 13 points up to 7,786 and from Italy FTSE MIB 123 points up to 36,311, according to IG data.
Global stock markets are rising earlier this week as investors digested the first executive orders signed by US President Donald Trump on Monday.
The market’s gains were attributed to Trump issued a sweeping memo directing the federal agency to assess what it sees as unfair trade policies with foreign countries stopped authorizing new charges on his first day back in office. Investors took it as a sign that there might be less talk of imposing tariffs than expected.
Asia Pacific markets mostly it went up overnight S&P 500 futures rose last night After the first trading session after Inauguration Day ended with strong gains.
The potential impact of Trump’s second term on the global economy and geopolitics has been central to the World Economic Forum in Davos (Switzerland).
CNBC’s coverage of the annual forum continues, with United Nations Secretary-General António Guterres speaking at 11:30 a.m. Davos time. Pedro Sanchez, the president of the Spanish government, will speak at 15:45
CNBC guests include NATO chief Mark Rutte and Polish presidents Andrzej Duda and Sanchez.
Dutch Prime Minister Dick Schoof, United Arab Emirates Minister of Economy and Trade, Saudi Arabian Finance Minister Mohammed Al Jadaan and Finnish President Alexander Stubb will also speak to CNBC on Wednesday.
No major data in Europe on Wednesday, but easyJet will release its latest earnings report.
