(News Bulletin 247) – European stock markets start the week with relative confidence (+0.2% in London and Frankfurt, +0.5% in Paris), against a backdrop of fairly calm news on Monday before the loaded both in terms of statistics and results.
If the calendar of European statistics is empty on Monday, the next few days promise to be rich in this regard with, for example, a rapid estimate of GDP in the euro zone, inflation in the United Kingdom or the unemployment rate in France.
Market participants should also pay attention to numerous US data, including inflation, retail sales, industrial production and leading indicators from the Conference Board.
‘Inflation figures in the United States could change interest rate expectations’, points out Kiplink, mentioning a consensus for annual rates down slightly to 6.2% in raw data and to 5.5 % excluding food and energy.
The week will also see the results season continue, with among others those of groups such as thyssenkrupp, Airbus, Heineken, Air Liquide, Nestlé, Renault and Allianz in Europe, but also Coca-Cola and Cisco across the Atlantic.
For now, it should be noted that Deutsche Telekom, Orange, Telefonica and Vodafone have announced a joint venture to create a digital marketing platform, aimed at the personal data protection needs of consumers in Europe.
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