European Stocks Gain, Investors Focus on Central Bank Meetings

European Stocks Gain, Investors Focus on Central Bank Meetings
Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, on Aug. 3, 2023. Toby Melville/Reuters
|Updated:

LONDON—European stock indexes opened a touch higher on Monday as investors focused on the outlook for interest rates ahead of a busy week of central bank meetings and economic data.

Investors are waiting for the outcome of meetings at the Bank of Japan (BOJ) on Tuesday, the U.S. Federal Reserve on Wednesday and the Bank of England (BoE) on Thursday, as well as Chinese manufacturing data on Tuesday and key U.S. jobs data on Friday, all of which will be scrutinised for any clues that central banks have raised interest rates sufficiently to combat inflation and can look towards easing monetary policy again.