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Stock Markets Up on Eyes of Economic Indicators

Stock Markets Up on Eyes of Economic Indicators

European stock futures are trading higher in Friday’s pre-opening session, pointing to a gaining start to the day across the region as investors rub their hands with a series of positive economic indicators.

For now, the futures of the Stoxx 50 – index that groups the 50 biggest quotations in the region – advance 0.7% and the futures of the American S&P 500 gain 0.3%. During the early morning hours in Lisbon, the Asian session saw gains from China (0.1%) to South Korea (0.7%).

Investors are waiting for US employment data, which will be released this Friday. China’s latest trade data showed that exports rose well above expectations and imports had the fastest growth since 2011.

Investors are focusing on growth in the world’s largest economies, dismissing concerns for now that a faster than expected recovery could lead central banks to withdraw monetary stimulus.

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