PARIS (Reuters) – European stock markets opened hesitantly on Monday, at the start of a week full of crucial publications for the trajectory of rates.
In Paris, the CAC 40 advanced 0.15% to 7,303.71 points around 07:30 GMT. In Frankfurt, the Dax is hesitant, like the FTSE in London.
The pan-European FTSEurofirst 300 index, the EuroStoxx 50 and the Stoxx 600 do not show a marked direction.
New York index futures suggest Wall Street opening lower, with the Dow Jones losing 0.12%, compared to 0.16% for the Standard & Poor’s 500 and 0.18% for the Nasdaq.
Inflation in the euro zone is expected on Thursday, and should confirm the slowdown in price dynamics, according to market expectations.
A surprise on the indicator could revive fears of a lastingly restrictive monetary policy, while the next meeting of the European Central Bank (ECB) will be held on December 14.
Consumer confidence on Wednesday, unemployment figures on Thursday and the final manufacturing PMI indicator on Friday are also expected this week.
In terms of values, Sanofi is at the top of the CAC 40, advancing 1.45%, the group having planned to request authorization to place its best-selling anti-inflammatory, Dupixent, on the American market.
Elior increases by 5.42% after Deutsche Bank’s recommendation increase.
(Written by Corentin Chappron, edited by Kate Entringer)
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