U.S. and European stock futures advanced along with Asian equities as investors took some encouragement from signs of businesses reopening across major economies. Crude oil and commodity currencies also rise.
California’s economy is now 75% open, its governor said, while upstate New York is also set to reopen. Apple Inc. said nearly 100 of its stores have opened. Even so, the Federal Reserve has warned of potential asset-price declines if the pandemic worsens.
Ryanair, EasyJet, Accor, TUI gained the most on Friday as global economy reopening. Silver rose as much as 4,73% on Friday as the precious metal remains underperformed related to gold.
This chart has been prepared with XSpot PRO multi asset platform
Today’s Economic Data
No major economic releases are scheduled for today’s market session.