European markets muted as investors assess monetary policy outlook
Publishing timestamp: 2023-02-13 04:12:59
Summary
European markets were muted Monday as investors assess economic outlook and potential for further monetary policy tightening from the U.S. Federal Reserve. Swedish property company Castellum was at bottom of pan-European Stoxx 600 index at start of trading after its shares lost 8% following fourth-quarter results. Investors are looking toward consumer price index data on Tuesday, as well as retail sales, for latest gauge on inflation. China's central bank announced to tighten risk management requirements for banks. Shares of Chinese banks fell on Monday. France's CAC 40 index is set to open 6 points lower, Italy's MIB will be 32 points lower and Germany's DAX index down 25 points. Britain's FSTE 100 index is set for fractionally positive open, up 6 points.
Sentiment: NEUTRAL
Tickers: .FTSE, 1939-SZ, .GDAXI, .SPX, Z1-CN, .FTMIB, .FCHI, 0GT1-GB, 1288-SZ,
Keywords: investment strategy, ftse 100, united states, economic events, cac 40 index, wall street, markets, s&p 500 index, banks, business news, dax,
Source: https://www.cnbc.com/2023/02/13/european-markets-open-to-close-earnings-data-and-news-.html