Daniel Sorabji | AFP | Getty Images<\/p>\n
LONDON \u2014 European stocks are expected to open broadly higher on Wednesday, reversing negative sentiment in the previous session that was driven by regional fiscal concerns.<\/p>\n
The U.K.’s FTSE<\/a> index is seen opening marginally higher, Germany’s DAX<\/a> 0.3% higher, France’s CAC 40<\/a>\u00a0up 0.4% and Italy’s FTSE MIB<\/a> up 0.3%, according to data from IG.<\/p>\n The positive open predicted for regional bourses comes after European stocks tumbled on Tuesday as concerns over the fiscal outlook in major European economies drove bond yields higher.<\/p>\n The\u00a0U.K.’s 30-year<\/a>\u00a0bond yield\u00a0hit its highest level since 1998<\/a> as traders looked ahead to a contentious Autumn Budget. Meanwhile, France’s 30-year yield<\/a>\u00a0was at its highest since 2009 ahead of next week’s no confidence vote, which\u00a0could see the government toppled over a fierce budget dispute<\/a>.<\/p>\n Bond yields have been rising globally too, it should be noted, amid worries over President Donald Trump’s trade tariffs. U.S. Treasury yields jumped Tuesday after a federal appeals court on Friday\u00a0ruled that most<\/a>\u00a0of his global trade duties\u00a0are illegal. That raises the prospect of the government having to repay the money already brought in by the duties, putting more pressure on an already stressed U.S. fiscal situation.<\/p>\n Asia-Pacific markets<\/a> traded mixed overnight as investors assessed the global bond market and the latest developments on the trade front, while U.S. stock futures<\/a> edged higher after a federal court decision in an\u00a0Alphabet<\/a>\u00a0antitrust case fueled optimism that the tech giants will be able to weather regulatory threats.<\/p>\n In Europe on Wednesday, earnings are set to come from Swiss Life Holding<\/a> and Helvetia Holding<\/a>. Data releases include the latest Turkish inflation print.<\/p>\n \u2014 CNBC’s Amala Balakrishner and Pia Singh contributed to this market report<\/p>\n","protected":false},"excerpt":{"rendered":"Daniel Sorabji | AFP | Getty Images LONDON \u2014 European stocks are expected to open broadly higher on…\n","protected":false},"author":2,"featured_media":40225,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[79,207,6615,6616,356,4056,18,2220,6617,6614,6621,7034,30720,19,17,188,4057,30719,384,2263,6613,4054,3997],"class_list":{"0":"post-40224","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets","8":"tag-business","9":"tag-business-news","10":"tag-cac-40-index","11":"tag-dax","12":"tag-donald-trump","13":"tag-economic-events","14":"tag-eire","15":"tag-france","16":"tag-ftse-100","17":"tag-ftse-mib","18":"tag-germany","19":"tag-government-debt","20":"tag-helvetia-holding-ag","21":"tag-ie","22":"tag-ireland","23":"tag-markets","24":"tag-prices","25":"tag-swiss-life-holding-ag","26":"tag-united-states","27":"tag-vladimir-putin","28":"tag-world-economy","29":"tag-world-markets","30":"tag-xi-jinping"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/40224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=40224"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/40224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/40225"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=40224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=40224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=40224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}