European stocks mixed; global inflation data in focus

Investing.com - European stock markets traded in a mixed fashion Tuesday, with U.K. markets returning from a break, as investors awaited key inflation data on both sides of the Atlantic for clues over future monetary policy.The FTSE 100 is underperforming Tuesday after U.K. markets returned from Monday's late May bank holiday, but sentiment is generally positive after dovish comments from a series of ECB officials.

The corporate earnings season is largely at a close Tuesday, with little in the way of results scheduled. Europe has been the least-favoured region in recent years for long-only flows, with cumulative net inflows being close to zero since 2020.Crude prices edged higher Tuesday, rebounding from recent losses ahead of a meeting by major producers to decide future levels.Oil prices rose over 1% on Monday in muted trade owing to public holidays in the U.K. and the U.S., after sinking to the lowest levels since early-February last week.

Focus will be squarely on whether the cartel will extend its current voluntary output cuts of 2.2 million barrels per day into the second half of the year.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

European stocks mixed; Shell shines as quarterly earnings continueEuropean stocks mixed; Shell shines as quarterly earnings continue
La source: Investingcom - 🏆 450. / 53 Lire la suite »

European stocks mixed; earnings in focus ahead of key payrolls releaseEuropean stocks mixed; earnings in focus ahead of key payrolls release
La source: Investingcom - 🏆 450. / 53 Lire la suite »

European markets head for muted, mixed open ahead of more earnings reportsEuropean markets are heading for a mixed open Wednesday as investors look ahead to more earnings reports in the region.
La source: nbcchicago - 🏆 545. / 51 Lire la suite »

European stocks open mixed as earnings dampen relief rally following soft U.S. inflation dataEuropean stocks opened mixed Thursday as a slew of earnings weighed on a relief rally for global markets following softer-than-expected U.S. inflation data.
La source: NBCDFW - 🏆 288. / 63 Lire la suite »