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5 Aug 2016
European stocks extend post-BOE gains, US NFP ahead
The European stocks markets extended its winning streak into a second day this Friday, building onto yesterday’s gains after the BOE rolled out stimulus package to combat Brexit fallout.
Moreover, positive close on the Asian equities also collaborated to upbeat tone around the European markets. While markets digest latest releases of earnings results ahead of the highly influential US NFP data.
Currently, Germany's DAX 30 index jumps +0.25% to 10,254, while the UK's FTSE index trades +0.52% higher to 6,777. Among other European indices, the French CAC 40 index edges +0.76% higher at 4,377, while the pan-European Euro Stoxx 50 index rises +0.71% to 2,950 points.