Europe closes higher amid political, trade concerns

The pan-European STOXX 600 provisionally ended 0.24 percent higher, with sectors pointing in different directions by the market close. On the week, the STOXX 600 finished slightly under pressure, closing down 0.12 percent.

Looking to the region’s major bourses, Britain’s FTSE 100 closed up 0.32 percent, while Franc’es CAC 40 rose 0.29 percent and Germany’s DAX popped 0.5 percent. The German index opened late on Friday morning as Eurex reported the index had experienced delays.

Source : CNBC

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Europe markets open mixed as global trade concerns continue

European markets opened mixed Friday morning, as reports of further political disruption in the White House tested investors’ nerves.

The pan-European Stoxx 600 opened fractionally lower at 376.79, with sectors and major bourses pointing in opposite directions. Germany’s Dax failed to open on Friday morning with Eurex saying the trading system was experiencing serious issues. The index is expected to open shortly.

U.K.’s FTSE 100 started the day 1 point lower at 7,139.47, Spain’s IBEX 35 traded 0.1% higher at 9,672.90 and France’s CAC 40 opened flat at 5,267.44.

Meanwhile, the U.S. president has decided to oust H.R. McMaster as his national security advisor, according to a Washington Post report.

Back in Europe, Italy’s Tiscali is expected to post its latest figures on Friday morning. And, on the data front, final estimates for euro area inflation are expected to be published at around 10:00 a.m. London time.

Source: CNBC

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Tokyo Stocks Open Higher in Cautious Trade

Tokyo stocks opened higher Friday, as the yen eased slightly against the dollar, with investors on the sidelines amid lack of fresh market-moving factors and concerns lingering over political risks in the US and Japan.

The benchmark Nikkei 225 index edged up 0.24 percent, or 51.93 points, to 21,855.88 in early trade, while the broader Topix index was up 0.14 percent or 2.49 points at 1,746.09.

The dollar fetched 106.22 yen in early Asian trade, slightly lower than 106.39 yen in New York but higher than around 106 yen levels in late Thursday trading in Tokyo.

Source : AFP

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