World Market News of the 7 February with FXOpen #ftse100 #dax40 #ftsemib #silverprice #oilprice

EUROPEAN MARKETS: HERE ARE THE OPENING CALLS European markets are set to open in mixed territory Wednesday. The U.K.’s FTSE 100 index is expected to open 11 points higher at 7,696, Germany’s DAX down 12 points at 17,028, France’s CAC down 4 points at 7,642 and Italy’s FTSE MIB 39 points higher at 31,273, according to data from IG. Earnings are set to come from Siemens Energy and TotalEnergies. Industrial production data from Germany for December is due. Source: CNBC SILVER SET FOR A ‘TERRIFIC YEAR’ AND COULD OUTPERFORM GOLD TO HIT A 10-YEAR HIGH Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark the second-highest level on record, the Silver Institute said in a recent report. “We think silver will have a terrific year, especially in terms of demand,” the executive director of the Silver Institute said. He expects silver prices to reach $30 per ounce, which would be a 10-year high, according to data from LSEG. Source: CNBC