European stocks head for lower open as UK markets remain closed
On April 7, 2025, the Euronext Commodity Exchange building in the La Defense Work Zone in West of Paris.
Thomas Samson | AFP | Getty Images
European markets will be slightly lower to start the new trading week on Monday.
The German DAX was set to approximately 97 points to 24,263, the CAC 40 of France fell approximately 23 points to 7,955 and Italy’s Ftse mib 100 points will drop to 43.269. The UK markets were closed for an official holiday.
Investors continued to weigh the economic appearance on Friday after the Federal Reserve President Jerome Powell may prefer to reduce interest rates soon. Last week, the markets had thought of new details about the US-European Union Trade Agreement, which was clearly searched for sectors such as medicine.
When the trade starts on Monday, investors will pay attention to the shares of Windfarm developer Orted. Late on Friday, US officials ordered the company to stop the construction of a close project from Rhode Island and threatened Orted’s plans to increase capital.
Elsewhere, the US beverage company Keurig Dr Pepper said that he will buy Dutch coffee company on Monday Jde peet’s For 15.7 billion euros ($ 18.4 billion).
The week will begin relatively quietly on the economic data front before the publication of a number of inflation from France, Germany, Italy and other key European countries on Friday. Investors will also follow the latest important gains from Europe and further with the beverage manufacturer Pernod Ricard and the technology giant. Nvidia Among those expected to report.
In the status, US futures were traded around the flat line early on Monday. The Asian markets led by China and Hong Kong shares rose.
