EMEA Morning Briefing : Tepid Start Seen for Shares; Oil Holds Sharp Gains on OPEC Deadlock
07/06/2021 | 12:25am EDT
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Message : Watch For: Eurozone Retail Sales; Germany Manufacturing Turnover/Orders, ZEW Indicator; U.K. Construction PMI; updates from BMW, Ocado, Sainsbury s, Telenor Opening Call: Europe faces a subdued start on Tuesday, lacking direction. In Asia, shares mostly struggled without Wall Street s lead, oil and gold extended gains, while the dollar and Treasury yields wavered. Equities: European shares face minor losses to start on Tuesday as investors weigh mixed leads, including sharply higher oil prices and the lifting of almost all Covid-19 restrictions in the U.K. on July 19.
EMEA Morning Briefing: Stocks Set for Tepid Gains -2-
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