European stock futures mixed as Germany posts mixed data

09.04.2021 - Korneychuk Evgeniya
European stock futures mixed as Germany posts mixed data

Friday’s trade session saw mixed European stock markets as Germany posted mixed economic data and more signs of a global economic recovery. Dragging other assets down is the region’s slow inoculation programs.

Germany’s DAX futures contract inched down 0.2%. On the winning side, the FTSE 100 futures contract in the U.K. and the CAC 40 futures in France posted 0.2& and 0.1% gains, respectively.

The 1.6% slump in Germany’s industrial output in February was digested by investors causing the DAX to slightly go down.

Meanwhile, the European region’s coronavirus vaccine woes continued to hamper economic activities as Italy, Spain and Belgium have joined other European countries in limiting the use of the AstraZeneca vaccine.

This as the European Medicines Agency reiterated on Wednesday the vaccine’s benefits over risks of developing blood clots which are rare cases.

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