fxstreet.com 12 Feb, 2021 09:30 am

European markets slip back, as UK avoids a double-dip

It has been a fairly uneventful week for European equity markets, with US markets continuing to grab the headlines with another series of record highs

It has been a fairly uneventful week for European equity markets, with US markets continuing to grab the headlines with another series of record highs, and though the DAX also managed to eke out a new record at the beginning of the week, there has been little in the way of momentum behind any of this week’s moves.US markets look set to open lower despite just about eking out a new record close for the S&P500 yesterday.35bn Dow Jones is expected to open 80 points lower at 31,350.S&P500 is expected to open 12 points lower at 3,904.

Bitcoin also looks set to cap another record-breaking week as it looks to close in on the $50 level, after Tesla CEO Elon Musk announced earlier this week that the company had invested $1.It still looks set to be another positive week for US equities over optimism that we’ll get to see a new $1.

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