European stocks ready for a positive opening

European stocks are likely to rise and open trading on Thursday, but trading activity is likely to remain minor during the US Thanksgiving holidays.

Asian market Various deals were taking place amid concerns about the Fed’s hawkish shift and the prevalence of Covid-19 during Thanksgiving, Christmas, and the New Year holidays.

Today, the Bank of Korea raised interest rates for the second time since August, raising inflation expectations for 2022 and raising expectations for further policy tightening.

Kaisa Group Holdings also focused on issues in the Chinese real estate sector after stating that it would like to extend the maturity of $ 400 million bonds by a year and a half as part of its efforts to avoid defaults and resolve the liquidity crisis. I did.

The dollar fell, but remained high against the yen for nearly five years. Gold prices rose, but oil prices traded mixedly, as investors waited to see how producers would respond to emergency crude oil releases by major consuming countries.

The head of the International Energy Agency has urged the Organization of Petroleum Exporting Countries (OPEC) to take steps to reduce oil prices to “reasonable levels.”

Germany’s GDP numbers for the third quarter and consumer sentiment figures for December can impact transactions as the session progresses.

US stocks ended almost high overnight as a strong batch of economic data helped investors fend off concerns over rising Treasury yields.

Minutes of the Fed’s meeting in November showed that members were concerned about inflation and would be willing to tighten policy if inflation remained high.

The technology-intensive Nasdaq Composite rose 0.4%, the S & P 500 rose 0.2%, but the Dow fell slightly.

European stocks close mixed on Wednesday, German political situation and fresh coronavirus A blockade that weighs heavily on investors.

The Pan-European STOXX 600 ended flat with a positive bias. Germany’s DAX fell 0.4% and France’s CAC 40 fell slightly, while the UK’s FTSE 100 rose 0.3%.

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European stocks ready for a positive opening

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