European indices hold lower at the open amid more cautious market mood

Forex Short News
  • Eurostoxx -0.3%
  • Germany DAX -0.6%
  • France CAC 40 -0.2%
  • UK FTSE -0.1%
  • Spain IBEX -0.1%
  • Italy FTSE MIB -0.1%

The market mood is leaning towards the defensive side today, with watchful eyes on key US data later in the day. There is a lot of anticipation on the latest update/snapshot of the US economy, even if the data is very much delayed and going to be a hell of a mess to decipher. As a reminder, we will be getting the latest non-farm payrolls and retail sales data from the US at 1230 GMT later. The former is going to include both the October and November numbers, with BLS already warning that there will be “higher-than-usual variances”.

This article was written by Justin Low at investinglive.com.