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European markets open higher as oil slumps, euro and sterling firm, and autos lead the rally European markets open higher as oil slumps, euro and sterling firm, and autos lead the rally

European markets open higher as oil slumps, euro and sterling firm, and autos lead the rally

Executive summary: European equities opened broadly stronger, with the Euro Stoxx 50, DAX and CAC 40 all advancing more than 2% while Brent crude dropped sharply and the dollar weakened against the euro and pound. The move points to a classic risk-on start for the region, helped by lower energy costs and a softer USD/JPY, although the FTSE 100 lagged slightly in early trade. [Continue Reading]

360LiveNews Markets Intelligence 360LiveNews Markets Intelligence | 04 Aug 2026 08:15 LONDON
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