European Markets Eye Flat Open Amid Key Data Release
As Monday's trading session commences, major European markets are poised for a mostly flat open. Investors are eagerly awaiting the release of the Eurozone's investor confidence survey by Sentix, which is expected to provide crucial insights into the economic landscape.
Over the weekend, geopolitical events took center stage, influencing market sentiment. South Korean President Yoon Suk-yeol successfully navigated an impeachment attempt, while Syrian President Bashar al-Assad sought refuge in Russia after being forced out of his country as rebel forces advanced into the capital.
In market movements, Frankfurt's DAX and the CAC 40 remained flat. Meanwhile, the FTSE 100 added 0.11%, and the Euro Stoxx 50 worsened by 0.22%. The euro lost 0.16% against the greenback, trading at 1.05487 at 8:01 am CET. The pound sterling was flat compared to the dollar, exchanging hands for 1.27344.
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