Investing.com – European stock markets fell on Monday, starting the new week with a pessimistic tone, as investors are waiting for a flood of corporate profits in addition to policy -setting meetings from both the European Central Bank and Federal Reserve.
At 03:05 US time (08:05 GMT), the stock index in Germany decreased by 1%, the France index decreased by 0.2%, and the UK index decreased by 0.4%.
German IFO is scheduled to be issued before the European Central Bank meeting
On Monday, interest will be on the issuance of the report later in the session, as investors are trying to measure the health of the largest economy in the eurozone before the last meeting to develop policies of the European Central Bank.
The European Central Bank concludes its last meeting on Thursday, with the opportunity for officials to accommodate the latest growth data from the major European countries, which was issued before the meeting.
Economists are widely expecting that the bank will reduce interest rates by a quarter of a percentage point at the next policy meeting, after it has already reduced borrowing costs four times to address weak growth and calm inflation in the unified currency area.
The bank also meets this week, as the US Central Bank is expected to keep interest rates unchanged at the end of its two -day meeting on Wednesday.
Ryan Air It impresses profits
The quarter -annual profit season is full of its full strength this week, with results due from companies such as Shell (LON:: and LVMH (EPA :), Deutsche Bank (ETR 🙂 and Roche (Six 🙂 and Asml (AS 🙂 throughout the week.
As far as it comes to Monday, Ryanair (IR 🙂 increased by 2.5 % after the low -cost airline announced profits after taxes for the three months until the end of December before expectations, even as its expectations for passenger numbers reduced 2019. Next year.
Julius Bayer The Chairman of the Board of Directors of Six (Six :), Romeo Lacher, is scheduled to step down, as the Swiss Bank continued to restructure the administration that started a year ago after suffering great losses from the Signa collapsed real estate group.
Swiss test and inspection group SGS Six said: It has ended the talks on a potential merger of $ 30 billion with its French competitor Bureau Veritas (EPA :).
In addition, the technology sector, especially the Dutch computer chips, ASML (AS :), in the spotlight where investors study the effects of the launch of the Chinese company Deepseek for the Chatgpt competitor – and it has gained popularity and claims to match the offers made by competitors such as Openai for a small part of its cost.
Raw heads are lower
Oil prices fell on Monday, amid the concern of merchants after President Trump invited last week the Organization of Petroleum Exporting Countries to reduce crude oil prices.
By 03:05 EST, US crude futures (WTI) decreased by 0.6 % to $ 74.19 a barrel, while the contract decreased by 0.6 % to $ 77.08 a barrel.
The crude oil market has suffered heavy losses since last week after Trump declared a national emergency and called for a sharp increase in US energy production, while also called OPEC to reduce crude oil prices.
The oil markets were also damaged by the data of the weak purchasing managers index from China, the largest importer, which showed that local business activity is still under pressure.
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