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EMEA Morning Briefing: Stocks to Edge Higher But Oil Weakens on OPEC+ Deadlock


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Dow Jones
MARKET WRAPS
Watch For:
Eurozone, Germany, France, U.K., Italy Services PMI; Eurozone Quarterly Balance of Payments, Sectoral Accounts; France Industrial Production; UK Official Reserves, Car Registrations; OECD CPI; U.S. Independence Day Observed, Financial Markets Closed; updates from Repsol, Ryanair
Opening Call:
Equities in Europe are likely to edge up on Monday, with gains capped due to the U.S. holiday. In Asia, stocks were steady, oil dipped on OPEC+ worries, while the dollar, Treasury yields and gold prices were firmer.
Equities:
European stocks may struggle for direction on Monday, with oil lower on OPEC+ tensions and U.S. markets closed for the July 4 Independence Day holiday. ....

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