PARIS (Reuters) – The main European stock markets are moving in the red on Tuesday at the start of the session ahead of key monetary policy indicators and decisions this week.
In Paris, the CAC 40 fell by 0.29% to 7,458.14 points around 08:12 GMT. The Dax in Frankfurt lost 0.19% while the FTSE in London lost 0.31%.
The pan-European FTSEurofirst 300 index lost 0.23%, the EuroStoxx 50 fell by 0.28% and the Stoxx 600 declined by 0.2%.
The markets, no longer benefiting from the hopes of a recovery policy in China, are now showing caution with a busy monetary calendar.
CPI inflation in the United States, the last important indicator with the decision of the American Federal Reserve (Fed) on December 18, will be published on Wednesday.
The European Central Bank (ECB) is due to announce its decision on rates on Thursday, with markets banking on a cut of 25 basis points.
More generally, nine of the ten largest central banks are meeting this month, adding nervousness to markets already facing geopolitical uncertainties, recalls John Plassard, director at Mirabaud, in a note on Tuesday.
In terms of values, Allianz lost 1.31% after presenting new financial objectives for the period 2025-2027.
(Written by Bertrand De Meyer, edited by Blandine Hénault)
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