Major European stock indexes traded mostly lower at the open on Monday with all the attention on gross domestic product and inflation data coming from the euro area. Meanwhile, in Germany, retail sales fell 1.6% on an annual level. In the days ahead, apart from economic prints, investors will also be keeping an eye on a new batch of corporate earnings, as well as the Bank of England's monetary policy decision.
The DAX fell 0.17% at the opening bell, with Deutsche Boerse down 1.70% at 9:03 am CET. The FTSE 100 was flat at 9:00 am CET. At the open, the CAC 40 decreased 0.13%, with Legrand down 1.73% at 9:03 am CET. The Euro Stoxx 50 started the session trading with a 0.14% loss, as Anheuser-Busch InBev slipped 1.98% at 9:02 am CET.
The euro traded 0.07% below the dollar at 8:59 am CET, selling for 1.10106. The pound stood flat against the greenback to go for 1.28566 concurrently.
