In early European trading, Eurostoxx futures rose by 0.4%, showing a slight positive movement.
German DAX Futures Climb 0.9%
The German DAX futures saw a stronger increase of 0.9%, indicating positive sentiment in Germany’s stock market.
UK FTSE Futures Flat
On the other hand, UK FTSE futures remained flat, showing little movement in the early hours of trading.
Election Results Provide Support to the Euro
Recent election results have also played a role in supporting the euro. Currently, EUR/USD is trading at 1.0512, marking a 0.5% rise on the day.
US Futures Bounce Back After Friday’s Selloff
US futures are showing a recovery after a significant drop on Friday. The S&P 500 futures are up by 0.5%, signaling a modest bounce in the market.
Focus Shifts to Nvidia’s Earnings This Week
Despite the bounce, the key event for Wall Street this week will be Nvidia’s earnings report, which will capture the attention of investors.
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