Market Indications 27th June

 

Sunrise

 

European stocks were expected to start Friday slightly higher, as Wall Street rallied off its lows on Thursday following comments from U.S. Federal Reserve official James Bullard who suggested the U.S. economy would be strong enough to bear a rate rise in early 2015, these comments came despite weak U.S. consumer spending data, which prompted a cut in growth forecasts and hit global stocks.

 

The German DAX is expected to open around 20 points higher, the French CAC 10 points and the FTSE 100 around 15 points higher, with Wall Street futures indicating little changed at the moment.

 

Economic data due

 

Europe

 

Consumer Spending (France)

 

Producer Price Index (France)

 

Consumer Price index (Spain)

 

U.K.

 

Nationwide House Price Index

 

Current Account

 

GDP Final

 

 

 

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