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European Market Open: Steady start as oil prices surge higher
Joshua Warner
January 13, 2021 7:20 AM
European markets are called to open slightly higher this morning after coming under pressure during the first two days of the trading week, while oil prices hit fresh highs.
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The coronavirus remains at the forefront of investor’s minds, as cases continue to surge whilst vaccination programmes accelerate.
In the US, Democrats are to push ahead with impeachment proceedings against president Trump today.
In forex, EUR/USD has jumped 0.5% while GBP/USD trades close to its highest level since May 2018.
In commodities, oil prices continue to surge higher to hit new 11-month highs. ....

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