European stock exchanges traded lower on Monday in anticipation of economic data releases across the region over the next five days, which will include inflation prints from France and Spain, German retail sales, and the euro area's consumer confidence.
Member of the European Central Bank Governing Council Joachim Nagel previously underlined that possible easing of the monetary policy could be considered only after central bankers received data for the second quarter, which appeared to weaken investors' confidence at the start of the trading week.
Frankfurt's DAX slid 0.15% as Infineon Technologies AG declined 0.95%. The Euro Stoxx 50 dropped 0.19% and the CAC 40 dipped 0.20% withTotalEnergies SE decreasing 1.16%. London's FTSE 100 fell 0.11% as Bunzl Public Limited Company tumbled 4.75%.
The euro gained 0.10% against the dollar, going for 1.08327. The pound sterling advanced 0.06% compared to the greenback, selling at 1.26773 at 8:55 am CET.
