☑️ EUROPEAN MARKETS HEAD FOR POSITIVE OPEN AFTER CHOPPY START TO THE WEEK
European shares are anticipated to open greater Tuesday after a combined begin to the buying and selling week. The U.Ok.’s FTSE index is seen 28 factors greater at 8,174, Germany’s DAX up 70 factors at 18,138, France’s CAC 40 up 25 factors at 7,596 and Italy’s FTSE MIB up 92 factors at 32,757, based on IG. It was a combined day for markets on Monday. France’s CAC 40 rose 0.9%, after combined morning commerce.
Supply: CNBC
☑️ OIL UP ON FIRMING DEMAND, MIDEAST TENSIONS UNDERPIN RISK PREMIUM
Oil costs ticked up in early commerce on Tuesday, extending positive factors from the earlier session on a stronger demand outlook and investor confidence that OPEC+ producers might pause or reverse plans to boost provides from the fourth quarter of this yr. World benchmark Brent crude futures have been up 21 cents, or 0.25%, at $84.46 per barrel at 0001 GMT. U.S. West Texas Intermediate crude futures have been up 16 cents, or 0.2%, at $80.49 a barrel.
Supply: Reuters
☑️ BITCOIN TOUCHES A ONE-MONTH LOW IN A BROAD CRYPTO MARKET SELLOFF
Bitcoin touched a one-month low as outflows from digital-asset funding merchandise and the prospect of higher-for-longer US borrowing prices sapped the cryptocurrency market. The most important digital asset shed as a lot as 2.7% on Tuesday, reaching a degree final seen in mid-Might, earlier than paring the drop to commerce at $65,740 as of 1:20 p.m. in Singapore. Smaller tokens akin to Ether, Solana and Dogecoin additionally sank. Some $600 million was pulled from digital-asset merchandise final week, probably the most since March, information from CoinShares Worldwide Ltd. present.
Supply: Bloomberg
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