European markets are expected to start a new trading week mixed on Monday as jitters about the global economy persist.
British FTSE 100 German stocks are expected to open 22 points lower at 8,227 German DAX Index France fell 37 points to 20,182 CAC Down 11 points to 7,413 points, Italy FTSE MIB It fell 143 points to 34,999, according to IG data. There are no major earnings or data releases on Monday.
European markets ended lower on Friday as investors reacted to the latest U.S. employment data, which showed nonfarm payrolls rose by 256,000 last month, well above the 155,000 forecast by economists polled by Dow Jones.
The data dampened sentiment in global markets as it raised concerns that the Fed would proceed cautiously in cutting interest rates further.
Investors in the region will continue to focus on euro zone and UK government bond yields this week after yields climbed to multi-month highs last week.
This week, following the December producer price index report released on Tuesday, global markets will focus on the US consumer price index for December released on Wednesday morning.
U.S. stock index futures were lower in early trade on Monday, while Asia-Pacific markets were lower overnight.
About The Author
