Posted 2/13/2024, 7:13:15 AM
European Markets Cautious Ahead of US Inflation Data, Earnings Reports
- European markets mostly lower Tuesday morning ahead of U.S. inflation data and corporate earnings reports
- Investors eyeing consumer prices index out of U.S. at 130pm London time as Fed watches inflation
- German ZEW economic sentiment survey also due out Tuesday morning
- Several major European companies reporting earnings this week including Heineken, Airbus, Renault
- UK wage growth slowed in Dec. but unemployment held steady at 3.8% as labor market remains tight