Europe opens higher after Wall Street recovers

Market Reports | Markets 5/19/2017, 9:02 AM
Europe opens higher after Wall Street recovers

Markets in Europe opened in the green on Friday reflecting the positive sentiment from the United States. Wall Street ended the previous session higher after its worst performance since the start of 2017 earlier this week. Markets suffered losses after US President Donald Trump fired FBI Director James Comey and allegedly revealed confidential information to Russian officials. Meanwhile, former FBI Director Robert Mueller was chosen to oversee the FBI investigation into Russia's alleged interference in the 2016 US presidential election and possible ties between Moscow and the Trump team.

The FTSE 100 rose 0.33% at 9:00 am CET. Largest gains were recorded in the mining sector as Rio Tinto jumped 1.52% and Anglo American was up 1.22% at 9:02 am CET. Glencore, BHP Billiton and Randgold Resources were around 1% in the green.

The DAX was up 0.15% at 9:01 am CET. Thyssenkrupp led the gains as it climbed 1.04% at 9:06 am CET.

The CAC 40 increased 0.17% at 9:01 am CET. Valeo added 0.72% at 9:01 am CET.

Sterling declined 0.11% against the euro to go for 1.1643 at 9:05 am CET. The euro gained 0.21% compared to the dollar to change hands for 1.1126 at 9:03 am CET, while it traded flat against the yen to sell for 123.788 at 9:04 am CET.

TeleTrader Newsroom / NP


UK 100 Index-0.11%

Chart for: UK 100 Index


Chart for: EUR/USD Spot

Germany 30 In...-0.21%

Chart for: Germany 30 Index

France 40 Ind...-0.35%

Chart for: France 40 Index