- January 6, 2025
- By: Admin1_blog
- EU Market, Indices
Holly Ellyatt
European markets are expected to start the new trading week mostly higher Monday.
The U.K.’s FTSE 100 index is expected to open 4 points lower at 8,220, Germany’s DAX up 50 points at 19,953, France’s CAC up 22 points at 7,296 and Italy’s FTSE MIB up 113 points at 34,308, according to data from IG. There are no key earnings or data releases in Europe Monday.
European markets closed lower last week after a rocky start to 2025 for stocks around the world, and the mixed sentiment could continue this week as traders look for more clues on where the global economy is headed.
Overnight, Asia-Pacific markets were mixed on Monday as investors assessed business activity data from China and Hong Kong.
Meanwhile, U.S. equity futures were little changed early Monday morning as investors looked ahead to the December jobs report on Friday; the data will be one of the last key pieces of data before the Federal Reserve’s meeting at the end of the month.
Investors stateside will also watching the Job Openings and Labor Turnover Survey Tuesday and December ADP Employment Survey Wednesday.
The U.S. trading week will be shorter this week, with the New York Stock Exchange closed Thursday to mourn the death of former President Jimmy Carter.
— CNBC’s Tanaya Macheel contributed to this market summary
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Solana had its best week since November 22nd, notching a more than 4% weekly gain. It traded lower by 1.25% Sunday night.
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The outlook for equity markets this year looks uncertain, with one market strategist describing the new year as “stepping into a house of cards.”
“The stock market may fluctuate in 2025, but significant opportunities will arise for those focused on individual stock picks,” Michele Schneider, chief market strategist at Marketgauge.com, said.
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European markets: Here are the opening calls
European markets are expected to open mostly higher Monday.
The U.K.’s FTSE 100 index is expected to open 4 points lower at 8,220, Germany’s DAX up 50 points at 19,953, France’s CAC up 22 points at 7,296 and Italy’s FTSE MIB up 113 points at 34,308, according to data from IG.
There are no key earnings or data releases Monday.
— Holly Ellyatt
Source : cnbc
