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European markets set for higher open
Thursday, 28 November 2024 14:05 WIB | MARKET UPDATE |saham-saham eropa

European markets are expected to open higher Thursday, rallying after being in the doldrums yesterday.

The U.K.'s FTSE 100

 index is expected to open 16 points higher at 8,291, Germany's DAX

 up 72 points at 19,334, France's CAC

 up 30 points at 7.173 and Italy's FTSE MIB

 up 98 points at 33,310, according to data from IG.

There are no major earnings Thursday, but data releases include Spanish and German inflation and European economic sentiment figures. Italian and Spanish business confidence data is also due.

It'll be a quieter day globally with U.S. markets closed for the Thanksgiving holiday; U.S. stocks fell in light trading on Wednesday ahead of the holiday. Asia-Pacific markets traded mixed overnight as investors assessed a surprise interest rate cut by South Korea.

Source: CNBC

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