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EMEA Morning Briefing: Tepid Start Seen for Shares; Oil Holds Sharp Gains on OPEC Deadlock

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MARKET WRAPS
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.
However, with U.S. markets closed on Monday to mark the Independence Day holiday, trading in Europe may waver until Wall Street reopens. ....

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EMEA Morning Briefing : Tepid Start Seen for Shares; Oil Holds Sharp Gains on OPEC Deadlock

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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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. ....

United Kingdom , West Bank , White House , District Of Columbia , United States , Israel General , Saudi Arabia , United Arab Emirates , Ar Riya , Rimac Automobili , Nick Coulter , Jane Foley , Boris Johnson , Pandemic Emergency Purchase Programme , Morgan Stanley , J Sainsbury , European Central Bank , Dow Jones , Didi Global Inc , Public Sector Purchase Programme , Federal Reserve , Million To Unlock Computers In Widespread , Organization Of The Petroleum Exporting Countries , World Gold Council , Rystad Energy , Retail Sales ,