Pedestrians structure from the rainfall nether umbrellas arsenic they walk the Elizabeth Tower, commonly known by the sanction of the clock's bell, "Big Ben", astatine the Palace of Westminster, location to the Houses of Parliament, successful London connected February 22, 2024.
Henry Nicholls | AFP | Getty Images
LONDON — European stocks are expected to commencement the caller trading week connected a somewhat dour enactment Monday.
The U.K.'s FTSE scale is seen opening 0.13% lower, Germany's DAX and France's CAC 40 just a interaction little and Italy's FTSE MIB down 0.2%, according to information from IG.
The pessimistic temper among determination stocks comes aft a troubled week for European markets past week, with determination bourses closing sharply little connected Friday arsenic concerns astir an artificial quality bubble and the planetary system shook capitalist confidence.
Comments from U.S. Federal Reserve officials successful caller weeks person besides prompted investors to reconsider the likelihood of a December complaint cut. On Monday, markets are pricing successful a 56.1% accidental that the Fed stands pat connected rates astatine its adjacent meeting, according to CME Group's FedWatch tool. A period ago, the marketplace had assigned a 95% probability to an extremity of twelvemonth cut.
Stateside overnight, stock futures were small changed pursuing a choppy week successful which valuation fears, a rotation wrong the marketplace and a recalibration of Federal Reserve complaint chopped expectations pressured the artificial quality trade.
Meanwhile, Asia-Pacific markets traded mixed connected overnight arsenic investors assessed rising friction betwixt Japan and China aft Beijing warned its citizens about question and survey plans successful Japan.
There are nary large European net oregon information releases Monday.
— CNBC's Fred Imbert and Lee Ying Shan contributed to this marketplace report.
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