European futures point to higher open

Wednesday, 19. July 2017 08:26

European futures indicated a higher open on European markets on Wednesday as the earnings season gets into full swing and Brexit talks continue in Brussels. A day earlier, GOP senators in the United States and President Donald Trump announced that the Obamacare repeal and replace act does not have enough support, meaning it will fail once it is voted on.

The EuroStoxx 50 is seen as beginning the day with gains of 0.32% while Germany's DAX is set to increase by 0.17% and France's CAC 40 by 0.43%. The FTSE 100's open is set around 0.27% in the green.

The euro declined 0.11% to 1.15409 against the dollar at 8:27 am CET after hitting a 14-month high on Tuesday. Meanwhile, the pound lost 0.04% against the dollar to change hands at 1.3036 at 8:30 am CET.


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