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European markets close slightly higher ahead of Powell speech - TL;DR CNBC

European markets close slightly higher ahead of Powell speech

Publishing timestamp: 2023-02-07 11:55:12


Summary

European markets were choppy on Tuesday as investors awaited comments from central bank officials. U.K.'s FTSE 100 was the only major index in the green, up 0.35%. Credit quality of companies in the EMEA region suffered less than initially forecast by Moody's. BP reported record annual profits and Siemens Energy reported mixed first-quarter results. BNP Paribas reported a 7% rise in net income for 2022 and Turkish President Recep Tayyip Erdogan has lost control of the narrative. European markets are expected to open positively on Tuesday as BP, BNP Paribas, Siemens Energy and Carlsberg report earnings.


Sentiment: NEUTRAL

Tickers: .GDAXI.STOXXENR-DEBNP-FR0QWC-GB.FTSE.FCHI.FTMIBBPBP.-LN0MJF-GB

Keywords: united statesjerome powellbusiness newsbreaking news: europestoxx 600

Source: https://www.cnbc.com/2023/02/07/european-markets-live-updates-stocksn-data-earnings-and-news.html


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