European stocks steady at open, before inflation data

MG News | November 15, 2021 at 01:39 PM GMT+05:00

0:00

November 15, 2021: Europe's main stock markets steadied at the open Monday, with investors sitting tight before key inflation updates out of the eurozone and UK this week.

London's benchmark FTSE 100 index began the week flat at 7,346.88 points.

In the eurozone, Frankfurt's DAX index grew 0.1 percent to 16,107.25 points and the Paris CAC 40 gained 0.2 percent to 7,101.99.

With global inflation surging as economies reopen after pandemic lockdowns, markets are looking to see if central banks such as the Fed, ECB and Bank of England will raise interest rates earlier than expected.

AFP/APP

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