The major European indices CAC, FTSE, and DAX showed mixed sentiment and opened lowered below in respect of their previous closes. On one side, CAC traded with positive bias and opened at 5,482.61. DAX also followed the footsteps of CAC and opened with positive sentiment and touched at 1,2877.85 which previously closed on 12,830.07.
However, FTSE traded flat and opened at the same previous close of 7,712.37. FTSE was expected to open in the red as G7 meeting begins.
Despite the ECB and Eurozone situation, DAX opened under normal circumstances by getting the boost from the steadied situation in Italy.
Let’s find out how this positive sentiment of DAX and CAC and the flat opening of FTSE will influence the domestic market.