Market: A busy week starts off on the right foot


(CercleFinance.com) – If London loses 0.1% this Monday, the continental places are off to a good start (+0.4% in Frankfurt and Paris) a week which will be marked, in addition to the continuation of the results season companies, by numerous statistics on both sides of the Atlantic.

No macroeconomic data is expected this Monday, but the coming days will see the release of numerous indicators in Europe, such as the unemployment rate in France, the ZEW index in Germany or even British GDP and inflation.

Traders will also be attentive to numerous American statistics for January, such as retail sales and industrial production this Thursday, but especially the various inflation figures, starting with consumer prices this Tuesday.

‘Favorable base effects suggest a decline in the inflation rate of around three tenths. It would then come out just below the threshold of 3% over one year for the first time since the beginning of 2021,’ Oddo BHF said on this subject.

On the value front, Tod’s soared 17% in Milan after the announcement by the investment company L Catterton, in agreement with the majority shareholder Diego Della Valle, of a takeover bid for the shares of the fashion house. luxury with a view to delisting.

Against the trend of the DAX in Frankfurt, SAP lost 1% while Pekka Ala-Pietilä, a former manager of the Finnish network equipment manufacturer Nokia, was chosen as future president of the supervisory board of the software package publisher.

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