European stock futures lower; Chinese trade, German industrial output disappoint
Investing.com - European stock markets are expected to open lower Tuesday, as investors digested weak Chinese trade data and more quarterly corporate earnings.European equities are set to follow their Asian counterparts lower after data released earlier Tuesday highlighted continued headwinds for the Chinese economy, the second largest in the world.This followed on from a revised 0.
Chinese exports fell more than expected in October amid worsening overseas demand, while an unexpected rise in imports saw China’s trade surplus shrink to its worst level in 17 months.Both contracts were nursing steep losses over the past week, amid growing expectation that the Israel-Hamas war will not disrupt supply in this oil-rich region.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
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