LONDON — European stocks are expected to unfastened higher connected Friday, arsenic investors intimately monitored further escalations successful the Russia-Ukraine war.
The U.K.'s FTSE 100 scale is expected to unfastened 33 points higher astatine 8,184, Germany's DAX up 28 points astatine 19,174, France's CAC up 5 points astatine 7,221 and Italy's FTSE MIB up 52 points astatine 33,402, according to information from IG.
It comes aft the pan-European Stoxx 600 scale snapped a four-session losing streak to close astir 0.5% higher connected Thursday.
Russian President Vladimir Putin connected Thursday responded to the U.S. and U.K., allowing Kyiv to onslaught Russian territory with Western weapons by firing a hypersonic ballistic missile astatine the Ukrainian metropolis of Dnipro.
The onslaught marked a further escalation successful the 33-month-old warfare and came soon aft Russia lowered its threshold for utilizing atomic weapons.
Gold prices extended gains connected Friday and were connected people for their champion week successful a twelvemonth amid concerns implicit the conflict.
Asia-Pacific markets mostly roseate connected Friday, tracking gains connected Wall Street that saw the S&P 500 scale log gains for a 4th consecutive day.
U.S. banal futures edged higher overnight, connected way to extremity the week with gains crossed the 3 large averages.
German system ekes retired 0.1% maturation successful 3rd quarter
A electrical Ford Explorer is seen arsenic the German Chancellor Olaf Scholz visits the electrical car accumulation enactment astatine the Ford automobile mill connected June 12, 2023 successful Cologne, Germany.
Lukas Schulze | Getty Images
The German system expanded by 0.1% successful the 3rd 4th connected the erstwhile 3 months — little than a preliminary speechmaking of 0.2% for the period.
"In the 2nd quarter, economical show dropped 0.3%, aft having risen somewhat (+0.2%) successful the 1st quarter. Following this mostly subdued show successful the archetypal fractional of 2024, the German system begins the 2nd fractional of the twelvemonth with humble growth," the country's Federal Statistical Office said successful a statement.
— Katrina Bishop
CNBC Pro: HSBC names 2 China banal picks for 2025 — and gives 1 implicit 70% upside
Chinese markets are "turning a corner" pursuing a series of authorities stimulus measures, HSBC said, naming its apical banal ideas for 2025.
"Mainland China has announced a slew of policies to assistance guarantee that section governments tin wage their bills and work debt. This should trim the hazard of an contiguous slowdown successful maturation successful mainland China and the marketplace has truthful acold reacted positively to these initiatives," the concern bank's analysts wrote successful a Nov. 19 probe note.
CNBC Pro subscribers tin work much here.
— Amala Balakrishner
European markets: Here are the opening calls
European markets are expected to unfastened higher connected Friday.
The U.K.'s FTSE 100 scale is expected to unfastened 33 points higher astatine 8,184, Germany's DAX up 28 points astatine 19,174, France's CAC up 5 points astatine 7,221 and Italy's FTSE MIB up 52 points astatine 33,402, according to information from IG.
— Sam Meredith
English (US)