European Stock Markets are Mixed on Thursday

European stock markets are set to open mixed Thursday, consolidating after the sharp selloff in the previous session aided by a rebound in consumer confidence in Germany. However,  arket confidence has been hit by increasing U.S. coronavirus cases and a global growth downgrade from the International Monetary Fund.

European and Asian Stock Markets

  • The DAX futures contract in Germany traded 0.1% higher.
  • France’s CAC 40 futures were largely flat, while the FTSE 100 futures contract in the U.K. fell 0.4%.
  • MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.7%,
  • Tokyo’s Nikkei slumped 1.4%.
  • Australia’s ASX 200 tumbled 1.8%. US stock futures also declined 0.7% following on from an overnight slide on Wall Street.


  • US crude futures rose by 6 cents a barrel or 0.1% to $38.07.
  • Brent crude futures were flat at $40.30.
  • Gold steadied at $1,764.07/oz.

Currency Markets

The Australian dollar dropped under 69 cents to $0.6864, and had the kiwi stalled around 64 cents.

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