See How European Markets Reacted as Investors Prepare for the Start of Trading on Wall Street
Global oils prices continue to react to developments in Hurricane Harvey-ravaged Houston area
European stocks opened higher Tuesday as global financial markets cautiously return to the risk table and eye the start of trading on Wall Street after the U.S. Labor Day holiday.
Global oils prices continued to react to developments in Hurricane Harvey-ravaged Houston area, with U.S. crude heading higher but gas prices notching further declines and retracing back to pre-storm levels and refiners and pipelines slowly return to full speed.
The dollar, which slipped 0.13% to 92.51, lifted the yen and held down gains for the Nikkei 225, which fell around 0.5% into the close of trading in Tokyo while the broader MSCI Asia ex-Japan benchmark was marked 0.03% lower at the start of European trading.
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