FTSE, DAX, CAC, Seen Opening Unchanged

European shares are seen opening flat to unchanged Friday behind Asian shares moving upward overnight, as new data suggests the US economy has turned a corner.

Close-up of a pen on stock price chart
Close-up of a pen on stock price chart

The FTSE 100 is seen unchanged, the DAX is called higher by 6 points, and the CAC 40 is also seen unchanged.

US employment data showed that total jobless claims were down as fewer people sought unemployment benefits last week providing support to the notion that the labor market is gaining strength.

Apple shares rose to a record high Wednesday as its latest iPad tablet hit the stores across Asia with the now predictable queues which accompany any Apple product release.

The International Monetary Fund said in a statement that it had approved its 28 billion euros ($36 billion) as part of the bailout for Greece but warned that there was no room for any mishaps by the debt-stricken country.

The weekend will likely see a riot of green across the world as countries join in the annual St Patrick’s day celebrations. The day is usually marked by parades and will be celebrated globally as cities and iconic landmarks join in the green theme. The Burj Al Arab in Dubai, Berlin’s TV tower, the London Eye and Table Mountain in South Africa are among those marking the occasion.