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European Markets Nudge Lower in a Big Week for Earnings and Monetary Policy; Philips Down 9%

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European Markets Set for Lower Open in a Big Week for Earnings and Monetary Policy

Much of this week's focus will center around the Fed's two-day policy meeting, concluding on Wednesday, with economists broadly expecting a 75 basis point hike to interest rates.

UBS, Unilever, LVMH, Credit Suisse, Deutsche Bank, Daimler, Shell, Barclays, Nestle and Renault are among the major players reporting earnings throughout the week. LONDON — European markets pulled back slightly on Monday as investors brace for a big week of corporate earnings and a key monetary policy decision from the

 

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