Market: monetary policy and geopolitics worry


(CercleFinance.com) – The European stock markets start the week in depression (-1.9% in London, -3.2% in Frankfurt, -2.9% in Paris), concerned about the issue of monetary policy and distressed by the geopolitical tensions in the east of the continent.

‘We will be attentive to Christine Lagarde’s intervention on Monday, as well as to the four members of the ECB who should intervene during the week, but also to the economic bulletin of the European institution published on Thursday’, points out IG France.

“Beyond monetary policy, the markets will be very attentive to the situation in Ukraine after the United States has (again) clarified that Russia could invade Ukraine at any time now”, underlines – he moreover.

No major data is scheduled for Monday, but the next few days will see a new estimate of growth in the euro zone, the ZEW index in Germany, inflation in the United Kingdom and the unemployment rate in France.

In the United States, are expected as statistics by Friday, among others, producer prices, retail sales, industrial production, residential construction and leading indicators from the Conference Board for the month of January.

The publications of results will remain provided this week, with for example Engie, Ahold Delhaize, Airbus, Nestlé, Commerzbank, Allianz and Hermès in Europe, or ViacomCBS, Kraft Heinz, Applied Materials and Walmart across the Atlantic.

For the time being, Clariant shares have plunged 20% in Zurich after the postponement of the publication of the fourth quarter results of the Swiss chemical company, due to the need to carry out investigations concerning the accounting of certain charges and provisions.

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