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5/17, 8:25 AM (Source: TeleTrader.com)
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Europe seen mostly flat amid trade concerns

Stock market futures in Europe pointed to a mostly flat open on Thursday, as a compromise between French President Emmanuel Macron and German Chancellor Angela Merkel was agreed concerning trade talks with Washington, with bloc leaders underlining they would be ready to initiate talks. Yesterday, President of the European Council Donald Tusk stated that with friends such as United States President Donald Trump, "who needs enemies." Meanwhile, President of the European Parliament Antonio Tajani said that Facebook CEO Mark Zuckerberg accepted the European Parliament's invitation to meet with the leaders of political groups.

The FTSE 100 is seen opening flat. The DAX is also set to start the session flat, while the CAC 40 is expected to gain 0.18% at the start of the session.

The euro lost 0.06% against the US dollar to go for 1.1800 at 8:21 am CET, while it was down 0.41% against the British pound, to sell for 0.8717 at 8:22 am CET.

Breaking the News / BM