LIVE MARKETS-Europe before the bell: futures lower, stocks set for weekly fall

Reuters01-23 15:32
LIVE MARKETS-Europe before the bell: futures lower, stocks set for weekly fall

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EUROPE BEFORE THE BELL: FUTURES LOWER, STOCKS SET FOR WEEKLY FALL

Another crazy week in the world of financial markets is drawing to a close with stock futures lower.

Euro STOXX 50 futures STXEc1 are down 0.4%, with the index already down 1.2% this week. STOXX 600 futures FXXPc1 are down 0.3%, with the index set for its first weekly drop in six weeks.

It has been geopolitical risk that has dominated the newsflow this week, as Trump launched a bid to acquire Greenland.

The risk of military action, and tariffs on European allies, has subsided for now after a conversation between Trump and NATO chief Mark Rutte eased tensions, although the affair highlights that heightened volatility could be a key theme in 2026.

Away from the Greenland issue, focus today could be on the tech sector .SX8P after Intel INTC.O shares slumped aftermarket as it forecast earnings and revenue below expectations.

(Samuel Indyk)

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EARLIER ON LIVE MARKETS:

TRUMP'S ARCTIC PANTOMIME CHILLS THE DOLLAR CLICK HERE

The yen over the long run https://www.reuters.com/graphics/YEN-AUTOMATED/YEN-VS-DOLLAR-LIVE/byprbaeagpe/chart.png

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