European markets got off to a poor start yesterday, as the tremors of the weekend events in Israel reverberated through financial markets, and oil and
natural gas prices rose sharply, however the losses were modest, as yields fell back. US markets initially opened the week lower, however sentiment turned around after comments from Fed vice chairman Philip Jefferson that the central bank might need to be careful about further rate rises given the recent increase in yields.
0is expected to open 53 points higher at 7,545. DAXis expected to open 128 points higher at 15,256. CAC40is expected to open 59 points higher at 7,080.
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