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- European Stocks. First hour: European indices open slightly higher
European Stocks. First hour: European indices open slightly higher
European indices recover in early trading after Friday's selloff and the biggest weekly decline in three years caused by weak Chinese data and a slump in oil prices. Energy shares recover after last weeks decline caused by falling oil prices. The FTSE 100 index is currently trading +0.09% quoted at 6,306.53 points, Germany's DAX 30 added +0.13% trading at 9,606.89. France's CAC 40 rose by +0.23%, currently trading at 4,118.28 points. Markets await the Bundesbank's Monthly Report and U.K's CBI Industrial Order Books Balance due at 11:00 GMT and later in the day the NY Fed Empire State Manufacturing Index and data on U.S. Industrial production.
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