European markets are expected to open the new week mostly higher on Monday.
british FTSE100 The German index is expected to open four points lower at 8,220. dachshund France up 50 points to 19,953 CAC Italy, up 22 points to 7,296 FTSE MIB It rose 113 points to 34,308, according to IG data. There were no major earnings or data releases in Europe on Monday.
European markets closed lower last week after a shaky start for stock markets around the world heading into 2025, as traders looked for more clues about where the global economy is heading. As a result, there is a possibility that mixed conditions will continue this week as well.
Asia-Pacific markets were mixed on Monday night as investors assessed business activity data from China and Hong Kong.
Meanwhile, U.S. stock futures were little changed on Monday morning as investors awaited Friday’s December jobs report. This data will be one of the last significant data before the Federal Reserve meeting at the end of the month.
U.S. investors will also be keeping an eye on Tuesday’s Job Openings and Turnover Survey and Wednesday’s December ADP Employment Survey.
The U.S. trading week will be cut short this week as the New York Stock Exchange will be closed on Thursday to mourn the death of former President Jimmy Carter.
— CNBC’s Tanaya Machel contributed to this market overview
