European
stock markets opened higher during the early hours of trade on Monday,
while traders monitored the economic impact of Hurricane Irma that hit
the US coastline.
FTSE 100 index was trading at 7,408 levels, up by 32.12 points, CAC 40 index was trading at 5,154 levels, higher by 40.71 points, while the German DAX was at 12,397 levels, up by 93.99 points. While the pan-European Stoxx 600 was lower by 0.46%.
Hurricane Irma has approached the Tampa Lakeland area and is still currently a category 2 hurricane. Over 4 million homes and businesses in the state of Florida are without power, according to major US utility companies.
Asian stock market rallied on Monday after no North Korea missile was launched on September 9, 2017.
In the business world, UK football team Manchester United is likely to present its fourth quarter and full-year earnings results on Monday.
On the data front, Norway is likely to present its inflation rate for August, while Italy will reveal its year-on-year industrial production growth in1947.
FTSE 100 index was trading at 7,408 levels, up by 32.12 points, CAC 40 index was trading at 5,154 levels, higher by 40.71 points, while the German DAX was at 12,397 levels, up by 93.99 points. While the pan-European Stoxx 600 was lower by 0.46%.
Hurricane Irma has approached the Tampa Lakeland area and is still currently a category 2 hurricane. Over 4 million homes and businesses in the state of Florida are without power, according to major US utility companies.
Asian stock market rallied on Monday after no North Korea missile was launched on September 9, 2017.
In the business world, UK football team Manchester United is likely to present its fourth quarter and full-year earnings results on Monday.
On the data front, Norway is likely to present its inflation rate for August, while Italy will reveal its year-on-year industrial production growth in1947.
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