Friday, August 29, 2014

European Markets Looking at Ukraine and Inflation

European shares are set for a slightly higher open on Friday as investors monitor events in Ukraine and look ahead to the releases of key data from the euro zone.

According to IG, the FTSE is called up 6 points at 6,812, the German Dax is seen higher by 15 points at 9,478 and the French CAC is seen down by 7 points at 4,373.

Inflation figures for the 18 countries using the euro are due at 10:00 a.m. London time on Friday. Economists predict a number of 0.3 percent for August, lower than July’s 0.4 percent. The metric is a key gauge for the European Central Bank (ECB) in deciding policy.

CNBC

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