Europe Stocks Set to Open Mostly Higher Despite German PPI Shock By Investing.com – Investing.com

Europe Stocks Set to Open Mostly Higher Despite German PPI Shock By Investing.com – Investing.com

By Geoffrey Smith 

Investing.com -- European stock markets are set to open higher on Friday, as the generally positive handover from the U.S. and Asia keeps growing concerns about the new winter wave of Covid-19 at bay. 

Germany's federal and state governments agreed on Thursday to introduce sharp new restrictions on unvaccinated people in response to the surge in cases that has taken the rate of new infections to 30% above its peak last winter. However, they set a threshold for generalized lockdowns at a rate considerably higher even than the current one.