European stock indices mixed
European stock indices were mixed in early trade, mirroring the indecisive tone seen across the Asian Pacific region, with weaker US stock index futures. The UK’s FTSE 100, French CAC and Spanish IBEX were all lower, while the German DAX and Euro Stoxx 50 traded in positive territory. These were helped by an unexpectedly large increase in German Industrial Production for May.
Source: TN Trader
It feels as if many investors were choosing to stay on the sidelines ahead of a data-light Monday, with several major economic and central bank events later this week. Market participants remain focused on the latest developments around trade policy as Trump’s August 1 enforcement looms.