European stock markets remain positive on expectations that strong corporate earnings could support markets.
Global markets are following a mixed course due to the increase in geopolitical tensions in the Middle East and the decline in technology stocks. European stock markets are bullish on expectations that strong corporate profits could support the markets.
The decline in oil prices also contributes to the positive trend in European markets. On the other hand, according to the data announced today, the Consumer Price Index (CPI) in Germany for September was within expectations, increasing by 0.6 percent monthly and 3.3 percent annually.
With these developments, as of 10.25 in the European markets, the Stoxx Europe 600 index is at 634 points, with an increase of 0.4 percent, and the FTSE 100 index in the UK is at 10,733 points, with an increase of 0.7 percent.
In Germany, the DAX 40 index is at 25,333 points, 0.1 percent above the previous close, in Italy, the FTSE MIB 30 index is at 50,171 points, with a 0.3 percent increase, in France, the CAC 40 index is at 7,863 points, with a 0.4 percent gain, and in Spain, the IBEX 35 index is at 19,366 points, with a 0.4 percent gain.
Analysts stated that ADP weekly private sector employment and second-hand home sales in the USA will be followed today.
