TELETRADER News
4/9/2020, 9:02 AM (Source: TeleTrader)
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Europe opens higher as investors brace for US jobs data

Equities on major European stock markets started trading on Thursday with gains as investors continue to assess the economic impact of the coronavirus pandemic. On the data front, initial jobless claims for last week in the United States will be closely watched as 10 million people filed for unemployment benefits since the COVID-19 shutdown started in the country.

In other news, crude benchmarks moved higher supported by hopes that the upcoming OPEC+ meeting will end the Saudi-Russia price war, which has hammered prices in recent weeks.

The DAX kicked off 1.50% in the green as MTU Aero Engines led the gains. The FTSE 100 jumped 1.49% in the first moments of the session in London with Evraz topping the chart. The CAC 40 climbed 1.44% in the first minute of trading; Sodexo was the best performer of the index.

The euro was up 0.07% against the dollar at 9:10 am CET, buying 1.08660.

Baha Breaking News (BBN) / JC