European indices see purple on the open at the moment
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- Eurostoxx -Zero.7%
- Germany DAX -Zero.7%
- France CAC 40 -Zero.5%
- UK FTSE -Zero.6%
- Spain IBEX -Zero.four%
- Italy FTSE MIB -Zero.5%
It has been a tough week for European shares and the promoting appears to be like to proceed into month-end. Simply be cautious that the CAC 40 index is now pipping again beneath its 100-week transferring common for the primary time because the first week of August. Trying elsewhere, US futures are additionally very a lot subdued. S&P 500 futures are down Zero.eight% with Nasdaq futures down 1.1% presently.
This text was written by Justin Low at www.ubaidahsan.com.
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