European Stocks Cautious as Oil Drops, Investors Await US Inflation Data
• European stocks started the week cautiously amid weakened Asian sentiment and ahead of US inflation data
• The Stoxx 600 dipped 0.05% and the CAC 40 dropped 0.08% to start the week
• Brent crude oil fell 1.41% to $77.6 per barrel and gold dropped 0.79% to $2,020.5 per troy ounce
• Airbus stock rose 2% on praise for its new fireproofing in the Japan Airlines crash, while TotalEnergies fell 1.9% after selling a stake
• Key data this week German industrial production on Tuesday, US CPI inflation figures on Thursday expected at 6.2% year-over-year