European Markets are looking Higher this Morning

European financial markets are looking at a higher open this morning as investors start to accept that the United Kingdom is leaving the European Union. There are also reports emerging from the European Central Bank (ECB).

As of 6:42 am GMT time, futures on the London FTSE 100 are up six points.  In Germany, futures are up 22 points and futures in France are up ten points.

This morning, Asian markets moved near two year highs while the US dollar got support from the ECB. Europe’s central bank stated that they are very keen to reassure investors that its easy-money policy is far from ending.

European Politics Dominate trade Today

Thursday, traders are grasping the reality that the United Kingdom has officially declared their intent to leave the European Union. Trade ministers are now set to meet in Malta discuss negotiating guidelines for the remaining 27 member states, as well as other trade deals. England is also publishing a white paper that will outline significant legislative guidelines for Brexit.

Also today, French independent presidential candidate Emmanuel Macron is to present his “contract with the nation” to the voting public this afternoon. France heads to the polls on April 23. In other regional political news, the President of Russia, Mr. Vladimir Putin, will be meeting other leaders at the International Arctic Forum to discuss the world’s energy reserves.