February 3 News, as global markets stabilize after a brief sell-off in cryptocurrencies and precious metals, major European stock indices are expected to open higher on Tuesday. According to IG’s pre-market data, the UK FTSE 100 index is expected to remain flat, Germany’s DAX index is up about 0.5%, France’s CAC 40 index is up 0.6%, and Italy’s FTSE MIB index is expected to rise 0.4%, indicating a rebound in market risk sentiment.
In the past few days, global assets experienced significant volatility. From last Friday through the weekend, gold, silver, and Bitcoin all declined simultaneously, triggering a mix of safe-haven buying and sell-offs. However, precious metal prices rebounded on Monday, easing market tension. Meanwhile, S&P 500 futures continued to rise after a strong start to the new US trading month, providing external support for the European session.
The rebound in Asia-Pacific markets has also boosted global risk appetite. US President Trump announced that the US has reached a new trade agreement with India, with Indian Prime Minister Narendra Modi agreeing to expand procurement of US goods. Trump also stated that India will reduce crude oil imports from Russia and instead purchase more energy from the US and some Latin American countries. Driven by this news, India’s benchmark Nifty 50 index opened about 5% higher on Tuesday, injecting confidence into global stock markets.
On the fundamentals front, European investors will focus on the latest guidance from corporate and macroeconomic data. Advertising giant Publicis is about to release earnings, and inflation data from France and unemployment rates from Spain will also be published, which could influence market expectations for Europe’s economic outlook and monetary policy path.
Against the backdrop of external market stabilization, macroeconomic positives, and corporate earnings expectations, European stock markets may see a window for sentiment recovery, with short-term funds beginning to reassess risk asset allocation structures. (CNBC)
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Shiba Inu Exchange Supply Nears Key 80T Threshold as SHIB Weakens
Key Insights
Shiba Inu exchange reserves are near the historic 80 trillion token level, leaving only 500 billion tokens before a major supply shift.
Large SHIB supply on exchanges continues to pressure price movement as
CryptoFrontNews28m ago
Japanese PM Sanae Takaichi Under Scrutiny, Crypto Supportive Admin in Trouble?
Japanese PM Sanae Takaichi faces scrutiny over alleged pressure on the central bank regarding monetary policy, coinciding with her pro-crypto stance. Her policies have aimed to support the crypto industry amid ongoing geopolitical tensions impacting market behavior.
TheNewsCrypto36m ago
Crypto Market Jumps to $2.38T As Bitcoin ($BTC) Nears $70K
The crypto market has seen significant growth, with total market capitalization rising by 2.20% to $2.38T and trading volume increasing by 24.25% to $106.43B. Bitcoin and Ethereum experienced notable price gains, while several altcoins soared dramatically. Crypto DeFi TVL and NFT sales volume also surged, indicating robust sector activity. Additionally, Nvidia is launching an open-source AI agent, and retrial demands have arisen for Tornado Cash's co-founder.
BlockChainReporter36m ago
Ethena Drops 15% from Weekly High — Are Deeper Losses Coming?
Price Drop: ENA falls 15% from $0.12 weekly high as sellers regain control.
Market Trend: Long-term bearish signals dominate despite short-term bullish momentum and volume spikes.
Next Support: Traders watch $0.085 as the key level for potential further losses or bounce.
Ethena —ENA,
CryptoNewsLand1h ago
Wintermute: From a 12-18 month perspective, BTC's current price is quite attractive
Wintermute analyzes market conditions, believing that macro factors dominate, and cryptocurrencies are showing resilience with weakened correlation to stocks. Currently, the leverage in the cryptocurrency market is relatively low, resulting in less selling pressure. Although there is still room for further decline, deleveraging seems to have passed, and whether the future performance can be sustained remains to be seen. The FOMC meeting is a recent catalyst.
GateNews1h ago
PI Token Maintains Bullish Trend as Anticipation for Pi Day Grows
PI token trades above $0.21 after rallying over 25% in the past 7 days as anticipation for the upcoming Pi Day on March 14 grows.
PiScan recorded 3 million PI deposits to exchanges in 24 hours, suggesting near-term profit taking which could reverse the bullish trend.
Pi Network’s PI token tr
CryptoNewsFlash2h ago
