{"id":124983,"date":"2022-02-02T06:18:57","date_gmt":"2022-02-02T06:18:57","guid":{"rendered":"https:\/\/fin2me.com\/?p=124983"},"modified":"2022-02-02T06:18:57","modified_gmt":"2022-02-02T06:18:57","slug":"european-shares-seen-lower-at-open-2","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/european-shares-seen-lower-at-open-2\/","title":{"rendered":"European Shares Seen Lower At Open"},"content":{"rendered":"
European stocks are seen opening lower on Friday, with renewed concerns over the Federal Reserve’s tightening and U.S.-Russian tensions over Ukraine likely to weigh on sentiment. <\/p>\n
A disappointing earnings report from Netflix may also serve to keep underlying sentiment cautious. <\/p>\n
Asian markets<\/span> fell after a late-afternoon sell-off on Thursday sent major U.S. indexes deeper into losing territory for the year.<\/p>\n The dollar took a breather as rising Treasury yields stalled against the backdrop of high inflation and concerns about a growth slowdown. <\/p>\n Geopolitical tensions remained on investors’ radar following reports that Washington is allowing some Baltic states to send U.S.-made weapons to Ukraine.<\/p>\n Oil prices fell about 2 percent in Asian trade, retreating from 7-year highs after a surprise gain in U.S. crude stockpiles. <\/p>\n Gold steadied and headed for a second weekly gain as investors anxiously await next week’s Fed meeting for any updates on the existing plans for rate hikes. Bitcoin fell below $39,000 levels.<\/p>\n ECB President Lagarde is scheduled to speak later in the day and any commentary relating to the economic outlook, inflation or monetary policy may influence trading.<\/p>\n U.S. stocks gave up early gains to end lower for the third straight session on Thursday amid concerns around rising bond yields and tighter monetary policy. <\/p>\n The Dow dropped 0.9 percent, the tech-heavy Nasdaq Composite lost 1.3 percent and the S&P 500 shed 1.1 percent.<\/p>\n European stocks finished broadly higher on Thursday as minutes from the December ECB meeting confirmed the dovishness that some members have been touting for the last few days. <\/p>\n The pan European Stoxx 600 rose half a percent. The German DAX gained 0.7 percent and France’s CAC 40 index added 0.3 percent while the U.K.’s FTSE 100 edged down marginally. <\/p>\n