European markets head for positive open as traders await latest U.S. inflation data

European markets head for positive open as traders await latest U.S. inflation data


European markets are heading for a positive open Wednesday as global markets await the latest inflation reading out of the U.S.

The U.K.’s FTSE 100 index is expected to open 4 points higher at 8,785, Germany’s DAX up 75 points at 22,104, France’s CAC up 12 points at 8,042 and Italy’s FTSE MIB 102 points higher at 37,798, according to data from IG.

Global market focus is on the latest U.S. consumer price index report for January that will be published on Wednesday.

Headline inflation is expected to have grown 0.3% from the prior month and 2.9% from 12 months earlier, according to Dow Jones. Some economists on Wall Street have raised concerns that even as certain categories may see disinflation, Trump’s tariffs could offset that. More inflation data is due on Thursday, with the producer price index set to be released.

— CNBC’s Brian Evans contributed to this market summary



Source

The chart that has Michael Burry worried about the stock market
World

The chart that has Michael Burry worried about the stock market

Michael Burry is warning that a shift in household wealth could leave the stock market vulnerable to a long and significant downturn. “The Big Short” investor pointed to a graphic produced by Wells Fargo showing that U.S. households now hold a larger share of their net worth in equities than in real estate — a […]

Read More
Three holds and a cut? Europe’s central banks are about to make their final calls of 2025
World

Three holds and a cut? Europe’s central banks are about to make their final calls of 2025

A projected illumination marking the 75th anniversary of the Schuman Declaration, on the Grossmarkthalle building at the European Central Bank headquarters in Frankfurt, Germany, on May 9, 2025. Alex Kraus/Bloomberg via Getty Images Investors are gearing up for the last interest-rate decisions of 2025, with four of Europe’s central banks announcing their monetary policies and […]

Read More
Defense stocks rally as Germany set to approve  billion defense splurge
World

Defense stocks rally as Germany set to approve $60 billion defense splurge

Boris Pistorius, Germany’s defense minister, rides in a Leopard 2 A6 battle tank during a presentation by the German Army Panzer Battalion 203 in Augustdorf, Germany, on Feb. 1, 2023. Alex Kraus | Bloomberg | Getty Images German lawmakers are widely expected to approve a defense spending package worth more than 50 billion euros ($58.6 […]

Read More