European markets set for cautious open with earnings, U.S. inflation in focus
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European markets are set for a cautious open as investors assess incoming corporate earnings reports and a key U.S. inflation print. The pan-European Stoxx 600 index closed the previous session 0.5% higher. On Tuesday, all eyes will turn to the U.S. January consumer price index, which will be closely watched by the Federal Reserve. Headline inflation is expected to come in at 0.2% month-on-month and 2.9% annually. Core prices are expected to have risen 0.3% in January and 3.7% from the previous year. The ZEW economic sentiment survey for Germany and the euro zone is also due. The regional Stoxx index has recorded a muted February so far, following a strong end to January. This week will see reporting from several major European businesses, including Commerzbank. The FTSE 100 is set to add around 8 points, Germany's DAX is expected to drop by around 41 points, and France's CAC 40 is seen around 10 points lower.

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https://www.cnbc.com/2024/02/13/europe-markets-open-to-close-earnings-us-inflation-in-focus.html