European markets open mixed as energy and autos lead, FTSE lags on firmer pound and softer oil
Executive summary: European equities opened mixed, with the Euro Stoxx 50 and DAX higher while the FTSE 100 slipped. Energy-linked moves were notable, natural gas jumped sharply, Brent eased, and gold was little changed. In FX, the euro and pound both softened modestly against the dollar, while USD/JPY pushed higher. The broad tone points to a market balancing growth-sensitive optimism in parts of Europe against currency and commodity cross-currents. [Continue Reading]
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