Bishopsgate, London, the financial district of the British capital.
Vuk Valcic | Sopa Images | Light Rocket | Getty Images
LONDON – European stocks are expected to be mixed at the start of the new trading week, following gains in global markets last week.
British FTSE German index expected to open 11 points lower at 8,299 German DAX Index France fell 13 points to 18,314 CAC 40 Up 10 points to 7,454 points, Italy FTSE MIB It rose 58 points to 33,195, according to IG data.
European markets ended higher on Friday, capping a week of gains for global stocks after recent market jitters and volatility.
US stocks Stocks posted strong gains on Friday, driven by Thursday’s weekly jobless claims and retail sales data. This further signals to investors that recent market jitters U.S. economic recession exaggerated.
overnight, Asia Pacific market Stocks were mixed as investors awaited a slew of data and inflation data from the central bank this week. US stock futuresThe pound was slightly higher in overnight trading on Sunday.
Wall Street is looking to Federal Reserve Chairman Jerome Powell’s speech on Friday in Jackson Hole, Wyoming, for clearer prospects for a rate cut. Minutes of the Federal Reserve’s latest meeting will also be released on Wednesday.
There were no major earnings releases on Monday. The data release includes Spain’s latest trade balance data.
