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LIVE MARKETS-European bourses seen on the black after Fed minutes

Published 08/04/2021, 03:42 pm
Updated 08/04/2021, 03:48 pm
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EUROPEAN BOURSES SEEN ON THE BLACK AFTER FED MINUTES (0535 GMT)

In a data heavy morning, European shares are seen in the black this morning after the Fed renewed its commitment to keeping policy super loose even as the U.S. economy enjoys a rapid recovery.

Fed remains wary about the ongoing risks of the pandemic and is committed to bolstering the economy until its recovery is more secure, according to minutes of the U.S. central bank's latest policy meeting. stock futures ESc1 just hit fresh record highs, while European futures are also in positive territory.

Eyes will also be on PMI figures for the UK and the EZ, which are due this morning.

Financial spreadbetters at IG expect London's FTSE to open 23 points higher at 6,909, Frankfurt's DAX to open 62 points higher at 15,239 and Paris' CAC to open 27 points higher at 6,158.

(Joice Alves)

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