Positive European stocks, after Friday’s falls. After launch, the Eurostoxx 50 index rose by 0.46%. In Frankfurt the Dax gains 0.71%, in Paris the Cac40 marks a + 0.43% and in London the Ftse100 index shows a rise of 0.42%. The eyes of the markets remain focused on the evolution of the pandemic and the spread of the Omicron variant, but worries seem to ease. Although little is known about this new variant, the markets seem reassured by the lower virulence observed so far by Omicron.
This week the focus will be mainly on the US inflation figure for November (Friday), which is expected to accelerate further. “It will be important above all to see if, like previous data, this too will exceed the consensus, as it could further fuel the expectations of a more restrictive Fed to tend,” warn analysts from Mps Capital Services.
Today from the macro front will come retail sales in Italy and the Sentix index on investor confidence in the Eurozone. Among the appointments, the Eurogroup meeting is scheduled. Euro area finance ministers in their usual monthly meeting will, among other things, hold a first exchange of views on the recommendations presented by the Commission on the economic policy of the euro area in 2022 on the basis of the budget plans presented in November by the various countries .