Markets in Europe seen to start higher despite persisting North Korea woes

Stocks in Europe advances

Markets in Europe were seen to start higher on Tuesday despite of the geopolitical turmoil still brewing over at North Korea while markets lacked guidance overnight because of a holiday in the United States on Monday.

The FTSE 100 is set to be 6 points higher at 7,416.

The CAC 40 is on track to start higher by 4 points at 5,108.

The DAX is seen to go up by about 15 points at 12,121.

Following shortly after the recent nuclear test by North Korea on Sunday, the United States told the United Nations on Monday that Pyongyang was “begging for war,” before firmly requesting the UN to take the strongest possible measures possible against North Korea.

South Korea reported that it had seen signs of the North preparing more missiles eventually.

At the same time, leaders of the countries Russia, Brazil, China, India and South Africa will keep discussing their economic relations with Xiamen, China on Tuesday. The meeting that spans for three days and started on Sunday brought the five fast-growing economies together.

In other places, markets in the United States were seen to start on Tuesday due to the Labor day holiday on Monday.


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