EMEA Morning Briefing : Shares to Struggle as Focus Turns to U.S. Inflation, Fed’s Next Move

MARKET WRAPS
Watch For:
OECD Composite Leading Indicators; updates from Continental, Munich Re, InterContinental Hotels, abrdn, Legal & General
Opening Call:
Caution ahead of the latest U.S. inflation data this week and the likelihood of more aggressive Fed action, will dampen the mood in Europe on Tuesday. In Asia, most major benchmarks were higher, while the dollar, Treasury yields and commodities all declined.
Equities:
Shares in Europe face a mildly-negative open on Tuesday as investors continue to consider U.