📆 Monday, April 8
► Investors geared up for a busy week packed with significant events including US inflation data due Wednesday as well as the ECB's interest rate decision. The first-quarter earnings season also kicks off this Friday, adding to market anticipation.
► European stock markets experienced a slight boost as investors awaited the European Central Bank's interest rate decision later this week. The Stoxx Europe 600 index increased by 0.25%, buoyed by a rebound in mining, tech and auto stocks. Notably, Germany showed a better-than-expected and strong trade surplus and significant industrial output growth, suggesting improving economic activity.
► In the United States, markets showed restrained activity with S&P 500 and Nasdaq futures pointing to a subdued opening, following a strong performance last Friday. This comes as investors digest recent US labor-market data and anticipate key inflation figures due later this week. The focus is particularly on Wednesday's US consumer-price data, which is expected to influence Federal Reserve's rate decisions. High expectations from the upcoming first-quarter earnings season are also influencing market sentiments, with major banks set to report at the end of the week. Tesla's shares jumped in premarket trading ahead of its robotaxi reveal, providing some optimism amid its recent declines.
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