European Equities: ECB President Lagarde and FED Chair Powell in Focus
It was a bearish start to the week for the European majors on Monday. The DAX30 fell by 1.13%, with the CAC40 and the EuroStoxx600 sliding by 1.44% and by 1.48% respectively. Upbeat economic data from the Eurozone failed to provide support, with market jitters over FED monetary policy weighing. News of Goldman Sachs projecting the FED to lift rates 4 times this year added to the market angst. The Goldman Sachs projections came ahead FED Chair Powell testimony today and U.S inflation figures tomorrow. The Stats It was a relatively quiet start to the week on the Eurozone economic calendar. Key stats included Eurozone