(CercleFinance.com) – The European stock markets are starting the week on a hesitant note (-0.2% in London, stability in Frankfurt and Paris), awaiting numerous macroeconomic meetings planned in the coming days.
No statistics are planned for this Monday, but the following days will see the publication, for example, of the composite PMI indices (Tuesday), the American employment figures (Friday) and especially the conclusions of the next ECB meeting (Thursday). .
‘The ECB meeting is shaping up to be a fairly predictable one, where policymakers will leave interest rates unchanged and say they want more evidence that inflation is falling before cutting them,’ predicts Capital Economics.
The central bank will likely reduce its projections for GDP growth and headline inflation, but leave its larger underlying inflation forecasts unchanged, according to the London-based analyst firm.
In the meantime, on the value front, Volkswagen rebounded slightly by 1% in Frankfurt after its severe correction of 5% on Friday, caused by preliminary results considered disappointing, revealed by the car manufacturer during the afternoon.
After a green start to the session, Henkel lost more than 3% in the wake of significantly improved annual results published by the consumer products group, but accompanied by a stable dividend and rather dull prospects.
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