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European markets are heading for a mixed open on Monday ahead of a busy week of economic data releases around the world. Stronger-than-expected US economic data renewed fears that the Federal Reserve could tighten policy further. Markets are now seeing a nearly 50% chance of a rate increase in November after an anticipated pause in September. Traders will get a reading of consumer and producer inflation reports on Wednesday and Thursday. US stock futures held steady on Monday as investors look ahead to key inflation data this week that could influence the path for US monetary policy. Last week, the Dow fell 0.75%, the S&P 500 dropped 1.29% and the Nasdaq Composite tumbled 1.93%.
Summary for 11.09.2023
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