PARIS (Reuters) – European stock markets opened hesitantly on Monday in a context of caution before several publications this week.
In Paris, the CAC 40 is stable at 7,420.32 points around 08:22 GMT. In Frankfurt, the Dax gained 0.16%, compared to a decline of 0.11% for the FTSE in London.
The pan-European FTSEurofirst 300 index lost 0.11%, the EuroStoxx 50 and the Stoxx 600 did not show a marked direction.
New York index futures suggest a mixed Wall Street opening, with the Dow Jones expected to fall 0.37%, compared to 0.12% for the Nasdaq and a directionless Standard & Poor’s 500.
The markets are positioning themselves before a burst of indicators and publications on Monday and this week.
Eurozone retail sales for November are due at 10:00 GMT Monday, along with eurozone unemployment for November, as labor markets are one of the main inflationary factors in the bloc.
CPI inflation in the United States for December will be released on Thursday, while inflation figures in Japan and China will be released on Tuesday and Friday respectively. The major American banks will open the quarterly results season on Friday with their fourth quarter figures.
Adding to investor caution, figures released on Friday showed that inflation in the euro zone had rebounded in December, while developments in the Middle East could cause markets to react.
In terms of values, Airbus advances by 0.83%, among the strongest performances in the CAC 40, after the American civil aviation authority announced on Sunday the immobilization of 171 Boeing MAX 9 planes for inspection.
(Written by Corentin Chappron, edited by Kate Entringer)
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