European stock markets are stable and US stocks are waiting

Major European stock markets are trading close to stability on Tuesday morning, with investors waiting for higher U.S. corporate balance sheets after volatility in the first hours of trading.

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At 6:42 am (East), the Pan-European Stocks 600 index was up 0.16%, 467.80 points.

In a day of empty agenda in Europe, the focus is on the balance sheets of the big American companies. Today, results are expected from Netflix, Johnson & Johnson, Procter & Gamble and United Airlines.

Last week, the US balance sheet got off to a very promising start, with many bank legends surpassing earnings and earnings expectations.

Also on the radar are comments on monetary policy or economic perspective from the leaders of the European Central Bank (ECB), the Bank of England (BoE) and the Federal Reserve (FED, BC of the USA) who will be participating in Tuesday’s events.

For several weeks now, the central bank has been signaling that it wants to withdraw the stimulus by the end of this year. If there are medium-term risks, the British BC. There is also speculation that the BoE may raise its base rate in November, after its chairman Andrew Bailey said over the weekend that it should “react to rising inflation”.

Also at 6:42 am, the London Stock Exchange rose 0.07%, the Paris Stock Exchange 0.02% and the Frankfurt Stock 0.03%. Milan, Madrid and Lisbon have gains of 0.21%, 0.60% and 0.44% respectively.

At the exchange rate, the euro strengthened from $ 1.1613 to $ 1.1659 yesterday afternoon, while the pound rose from $ 1.3730 to $ 1.3798 yesterday.

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