LONDON – European markets were higher on Monday as investors digested U.S. inflation data and looked ahead to another busy week of earnings reports and central bank meetings.
this Stoke 600 The index was up 0.21% as of 9:50 a.m. London time, with most sectors and major exchanges in the region rising. Oil and gas stocks rose more than 1.14%, while travel and leisure stocks fell 1%.
A large number of financial reports continue to be released this week, including Heineken, Philips, Pearson and united british food All reports during the meeting.
Philips shares rose more than 10.5% in early trading on the company report Second-quarter profit beat expectations. At the same time, beer giant Heineken’s first-half profit growth was weaker than analysts’ expectations, and its stock price fell 7%.
Investors are also looking forward to the central bank’s latest policy meeting United States Federal Reserve and the Bank of England seeking guidance on the path of interest rates.
Asia Pacific market Climbs higher on Monday, Japan Nikkei 225 Index Stocks in the region led gains as U.S. inflation data raised hopes of a rate cut. US stock futuresMeanwhile, stocks also moved higher ahead of continued strong growth in U.S. corporate profits.