European stocks were seen opening mixed on
Thursday as the previous session's tentative recovery loses steam, with
investors bracing for a key Italian bond auction.
Financial spreadbetters expected Britain's FTSE 100 to open 6 to 9
points lower, or down as much as 0.2 percent, Germany's DAX to open 11
to 16 points higher, or up as much as 0.2 percent, and France's CAC-40
to open 3 to 4 points lower, or down as much as 0.1 percent.
European stocks climbed on Wednesday, halting a week-long slide as recently
battered banks rallied, although the rebound was seen as technical and
Italy plans to offer up to 5 billion euros, including its March 2015 BTP
bond and 3 off-the-run issues, with yields expected to rise.
Dollar soars to 12-yr high against yen
The dollar soared to its highest level against the yen in more than 12 years on Thursday, powered by expectations for a US interest rate hike and more monetary easing from Japan’s central bank. The g