Europe set for positive open as Wall Street sentiment spills over [CNBC]
IG GROUP HLDGS PLC S/ADR (IGGHY)
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Source: CNBC
Futures tied to the U.K.'s FTSE 100 were last seen 0.4% higher, Germany's DAX was 0.5% up, and France's CAC 0.4% in positive territory, according to data from IG Group. Global investors will be watching the latest developments between Ukraine and Russia on Friday amid warnings by NATO Secretary General Mark Rutte that Europe must be prepared for war. “Russia has brought war back to Europe, and we must be prepared for the scale of war our grandparents or great-grandparents endured,” he said. It comes as Russia's central bank has said Europe's plan to use frozen Russian assets to help Ukraine was illegal. European Union governments want to agree on the proposal on Friday, per reports. On the theme of defense, the White House's new national security strategy spooked Europe last week as it warned the region faced “civilizational erasure” and questioned whether it could remain a geopolitical partner for the U.S., and fallout from the publication continues. David Petraeus, the fo
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