European futures indicate lower open

Wednesday, 15. November 2017 08:28

European index futures pointed to a lower open on Wednesday after Republicans in the United States announced they will add the repeal of Obamacare’s individual mandate to their tax bill. Additionally, confidence in stocks was lower on decreasing oil demand expectations.

In London, the FTSE 100 futures declined 0.36% at 8:07 am CET. DAX futures pointed to an open of 0.38% while the CAC 40 futures lost 0.73%, both at 8:02 am CET.

The euro was 0.16% higher against the dollar, changing hands for 1.1814 at 8:23 am CET. Meanwhile, the pound increased 0.11% against the greenback to go for 1.3176 at 8:25 am CET.

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