European Futures Mixed as Traders Digests Soaring Commodity Prices

European shares expected to open cautiously on Thursday as conflict between Russia and Ukraine continues and soaring commodity prices threatens economic rebound.

DAX futures in Germany traded 0.3% higher while FTSE 100 futures fell 0.2%.

Equites in Europe recover to a certain degree on Wednesday but largely have been hit hard over Russia-Ukraine conflict.

Confrontation between the two neighbors intensified in last three days with Karkiv, Ukraine’s second largest city saw bombardment from Russia along with miles long of military convoy near Kiyv.

European equity markets recovered to a degree on Wednesday and saw some small gains during this session, but they have been hit hard over the last week that has followed Russia’s invasion of Ukraine. Russian forces have also captured the Black Sea port of Kherson.