(menafn – ecpulse)
European futures signaled a higher start on Thursday as the U.S Federal Reserve bank released the beige book yesterday evening. Fed's beige book says that the U.S. economy continues to expand at a moderate pace across its 12 distracts, also showed that manufacturing activities expanded as well as business services, employment and retail sales.
Looking closely at the euro, we can see the currency is trading higher on the daily chart as its currently trading at the levels of 1.3139 compared with the opening levels of 1.3109, noting that the EUR/USD reached its highest trading level for the day at 1.3150 and also reached its lowest trading level at 1.3104.
As for gold, the yellow precious commodity remains within narrow ranges as it’s currently trading at the levels of 1658.33 per ounce compared with the opening levels of 1658.75 per ounce. Crude oil on the other end rose trading around 103.10 changed from the opening of 102.56 per barrel.
As for European stocks, the French CAC 40 index futures rose 0.16% at 3241.00 while Germany's DAX index inclined before markets open to 6711.00 points adding nearly by 0.40%. Finally, the British FTSE 100 index futures also moved higher by 0.12% reaching 5590.00.