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European stocks open lightly changed, winning streak under threat

  • Eurostoxx +0.1%
  • Germany DAX -0.1%
  • France CAC 40 +0.2%
  • UK FTSE flat
  • Spain IBEX -0.1%
  • Italy FTSE MIB +0.3%

Generally speaking, the winning streak is under threat after the declines in the past two days. The DAX and CAC 40 are still down on the week but the IBEX is flattish and FTSE MIB sitting higher. The IBEX itself is looking for nine straight weeks of gains while the FTSE MIB is searching for a sixth weekly gain in seven. For now though, the overall mood is more tentative for today. US futures are also flat as all eyes are on PMI data to see what that has to offer to the equation.

This article was written by Justin Low at www.forexlive.com.

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