Overview

• European markets opened higher, with the Stoxx 600 index up 0.35%, driven by positive earnings reports from companies like Imperial Brands and Thyssenkrupp.
• U.S. markets showed mixed futures, with investors watching for earnings from major companies like Walmart and Lowe's, and assessing the impact of potential economic policies under President-elect Donald Trump.
• Asian markets mostly gained, with Japan's Nikkei up 0.5% and China's Shanghai Composite rising 0.7%, despite concerns over potential tariff hikes.
• Oil prices declined slightly due to the restart of production at Norway's Johan Sverdrup oilfield and ongoing caution regarding the Russia-Ukraine conflict.
• The Canadian dollar weakened against the U.S. dollar, and the U.S. dollar index rose, reflecting market uncertainty over future Federal Reserve interest rate cuts.