European stock markets unchanged as investors await corporate earnings report
European stocks barely moved on Tuesday trade as their levels were unchanged from the previous session. This as investors await the next corporate earnings report.
Germany’s DAX futures improved 0.1%. France’s CAC 40 futures also added 0.1%. Meanwhile, the U.K.’s FTSE 100 futures dropped 0.1%.
Across the Atlantic, major indices in the United States dropped from record levels on Monday as the technology sector showed signs of a slowdown.
While in Asia, Japan’s Nikkei decreased 2% due to the country’s widened regional lockdowns to curb resurging coronavirus cases. Moreover, the People’s Bank of China held its loan prime rate steady at 3.85% earlier in the day.
Corporate earnings reports in the euro zone are due from the likes of luxury goods retailer Kering, French foods giant Danone, and U.K. retailer Associated British Foods.
In other news, gold futures traded flat at $1,770.55/oz.