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European markets set for lackluster start to the trading week

European markets set for lackluster start to the trading week

10/18/2021 7:20:00 AM

European markets set for lackluster start to the trading week

European stocks are expected to open around the flatline on Monday as global markets gear up for more big earnings reports.

Meanwhile,in Asia-Pacific overnight, stocks mostly traded loweras investors reacted to the release of key Chinese economic data that showed China's gross domestic product grew 4.9% in third quarter. That was below expectations of analysts in a Reuters poll for a 5.2% expansion.

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Industrial production also missed forecasts, rising 3.1% in September, against expectations in a Reuters poll for a 4.5% increase.In Europe on Monday, earnings come fromand data releases include U.K. house price data from Rightmove.Enjoyed this article?

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Alex Saab, alleged financier for Venezuela's president, is extradited to the US and due in court MondayThe US alleges Saab was behind a corruption network involving a government-subsidized food program that stole hundreds of millions of dollars from the Venezuelan people. Saab's lawyer alleges his client's extradition violated international law. National security is hemispheric security. looks like he has a teardrop tattoo for days good luck

Sabine Weyand on role of trade policy in fighting climate changeThere is an opportunity to harness trade to tackle the major challenges of our time but there are limits, says the EU’s top trade official

Saudi leads major Gulf markets higherMajor stock markets in the Gulf rose in early trade on Sunday amid strong oil prices, with the Saudi index outperforming the region as the country eased coronavirus curbs.