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LIVE MARKETS-Europe wakes up to a cautious mood

reuters.com · 09/02/2021 02:18
LIVE MARKETS-Europe wakes up to a cautious mood

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EUROPE WAKES UP TO A CAUTIOUS MOOD (0619 GMT)

European stock futures are slightly in the red this morning after yesterday's gains and a subdued session in Asia where concerns about the Chinese economy are growing.

Wall Street futures are also in the same cautious mood ahead of the U.S. payrolls report due out on Friday.

There's a widening sense that global growth momentum is fading which is giving a boost to tech and other growth stocks at the moment.

Oil prices are going downward after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many U.S. refiners, a key source of crude demand, remain offline.


(Julien Ponthus)

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(Stefano Rebaudo)

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