European markets are set to start the week on a positive note, with defense stocks seen opening sharply higher after regional leaders held security talks that discussed higher military spending.
The U.K.'s FTSE 100 is expected to open 42 points higher at 8,846, Germany's DAX is up 135 points at 22,621, France's CAC is up 34 points at 8,124 and Italy's FTSE MIB is up 18 points at 38,798, according to data from IG.
Earnings are due from Euroapi and Bunzl, and key data releases include preliminary euro zone inflation data for February, with the latest consumer price index due ahead of the European Central Bank's interest rate decision on Thursday.
U.S. stock futures were up slightly on Monday morning and most Asia-Pacific markets were up overnight as traders awaited more clarity on President Donald Trump's plans to impose tariffs on major U.S. trading partners this week.
U.S. Commerce Secretary Howard Lutnick reportedly told Fox News on Sunday that the exact tariffs that will be imposed on Mexico and Canada starting Tuesday are still "uncertain," meaning they could be lower than the proposed 25 percent. He added that an additional 10 percent duty on Chinese imports is "set in stone."
European markets: Here are the expected openings
European markets are expected to start the week on a positive note.
The U.K.'s FTSE 100 is expected to open 42 points higher at 8,846, Germany's DAX is up 135 points at 22,621, France's CAC is up 34 points at 8,124, and Italy's FTSE MIB is up 18 points at 38,798, according to data from IG.
Earnings are due by Euroapi and Bunzl, and key data releases include the latest euro zone inflation data. (Newsmaker23)
Source: CNBC
Asian stocks moved mixed on Thursday after Wall Street rallied and pushed the S&P 500 to a new record. A decline in US producer price inflation (PPI) bolstered confidence that the Fed could cut in...
The S&P 500 notched a second straight record-high close on Wednesday, as Oracle surged and cooler-than-expected inflation data supported expectations the U.S. Federal Reserve will cut interest rat...
European stocks closed mostly lower on Wednesday with losses from tech, consumer defensive companies, and miners as markets continued to assess the outlook on global rates and geopolitical risk. The E...
The S&P 500 jumped to a fresh record on Wednesday after a reading on wholesale prices unexpectedly declined, a welcome development for investors clamoring for a Federal Reserve rate cut next week ...
European stocks have opened higher as a bit of political calm enters the market. The Stoxx 600 Index was up 0.6% in its third session of straight gains. Retailers led the rally as Inditex shares jump...
Silver held around $41/oz, near a 14-year peak, as the market awaited the US Consumer Price Index (CPI) release, which could determine the size of the Fed's interest rate cut next week. Wednesday's US Consumer Price Index (PPI) data fell 0.1%...
World oil prices recorded a slight decline in trading on Wednesday (September 10th) despite escalating geopolitical tensions in the Middle East. Prices briefly surged nearly 2% following Israel's attack on Qatar, but the gains were...
The US dollar held steady early in the Asian session after the PPI data fell 0.1% in August, reinforcing expectations that the Fed would cut interest rates next week. The Dollar Index edged up to 97.822, marking a third consecutive day of gains....
The United States (US) Bureau of Labor Statistics (BLS) will publish the 2025 preliminary benchmark revision to the Establishment Survey Data on...
Russian forces attacked a thermal power plant in the Kyiv region as part of an overnight attack, Ukraine's Energy Ministry said on Monday,...
The US Bureau of Labor Statistics reported on Tuesday that the preliminary estimate of the Current Employment Statistics (CES) national benchmark...
Producer inflation in the United States, as measured by the change in the Producer Price Index (PPI), fell to 2.6% annually in August from 3.3% in...