European Markets Open Higher - 29th March 2016

The FTSE 100 was up almost 1% early out of the gate and with the DAX and the CAC fairing just as well, up 0.8% and 1.02% respectively.

Valgard Investments

European Markets Open Higher – 29th March 2016

The major European markets have opened strongly this morning, against trading in Asia.

Asian trading saw US Crude slip further and the $USD weaken after the Easter Holiday. This translated very little into European markets as they waited till just after lunch to see what Janet Yellen would say in her speech. Her comments at the Economic Club of New York in a few hours will most likely see more reaction in the US than in Europe.

Barry Cahill

PR Manager

The FTSE 100 was up almost 1% early out of the gate with the DAX and the CAC fairing just as well, up 0.8% and 1.02% respectively.

FTSE 100              6,131.48              +0.5%

DAX 30                  9,930.98               +0.8%

CAC 40                  4,373.82               +1.02%

Asian trading saw US Crude slip further and the $USD weaken after the Easter Holiday. This translated very little into European markets as they waited till just after lunch to see what Janet Yellen would say in her speech. Her comments at the Economic Club of New York in a few hours will most likely see more reaction in the US than in Europe.

With the current trend of economic easing in Europe and the possibility of the UK leaving the European Union, European investors will be looking at the value now placed in the Equity Markets in the US. With the S&P 500 and Dow Jones back on track for the year and uncertainty coming from the Fed about a rate hike, US markets once again look like a place of value.

Valgard Investments is wholly owned boutique wealth management firm that offers a truly unbiased financial planning, investment advice and asset management service that is built around a solid foundation and philosophy that focuses on core values and each and every clients financial well-being. Valgard Investments has been refining its client/advisor partnership for over 5 years ensuring the highest standards of excellence are maintained.


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