European Stock Exchanges Open with Caution

As the world watches, European stock exchanges opened with a cautious optimism on Monday. Investors are keenly awaiting the return of Donald Trump to the White House, with the inauguration ceremony set to commence later today. The event has drawn global attention, signaling a new chapter in U.S. politics.

World Economic Forum in Davos

This week also marks the commencement of the World Economic Forum in Davos, Switzerland. The forum is expected to host the globe's most influential political and business leaders, engaging in critical debates that could shape the future of global economies.

Market Performance

In market movements, Frankfurt's DAX remained steady, while the CAC 40 saw a slight increase of 0.11%. The FTSE 100 held its ground, and the Euro Stoxx 50 experienced a modest rise of 0.14%. Currency markets saw the euro and pound sterling both gaining against the dollar, with the euro climbing 0.37% and the pound sterling rising 0.32%.

More updates to follow...