{"id":42966,"date":"2023-11-06T16:04:54","date_gmt":"2023-11-06T16:04:54","guid":{"rendered":"https:\/\/prosfunds.com\/markets\/stocks\/european-stocks-subdued-ahead-of-central-bank-speakers-ryanair-shines\/"},"modified":"2023-11-06T16:04:56","modified_gmt":"2023-11-06T16:04:56","slug":"european-stocks-subdued-ahead-of-central-bank-speakers-ryanair-shines","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=42966","title":{"rendered":"European stocks subdued ahead of central bank speakers; Ryanair shines"},"content":{"rendered":"
\n
\n

\u00a9 Reuters. <\/span>
\n<\/i>\n<\/div>\n

Investing.com – European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to central bank speakers for guidance.<\/p>\n

At 03:45 ET (08:45 GMT), the \u00a0index in Germany traded 0.1% lower, the \u00a0in France traded largely flat and the \u00a0in the U.K. fell 0.1%.<\/p>\n

Central bank speakers in focus<\/strong><\/h2>\n

European equities posted strong gains last week, powered by a series of solid earnings and a perceived dovish tilt from central banks in the wake of several policy-setting meetings.<\/p>\n

Trading has been muted at the start of the new week, with investors awaiting a host of ECB speakers this week, including President on Friday, in the search for clues pver the future of monetary policy.<\/p>\n

Futures are currently implying an 80% probability the central bank will begin easing as soon as April as the region heads towards a recession.<\/p>\n

There are also at least nine Fed speakers due this week, including two appearances by Chair – the second of which on Thursday includes a Q&A session.\u00a0<\/p>\n

Ryanair forecasts a record annual profit<\/strong><\/h2>\n

In corporate news, Ryanair (IR:) stock rose almost 6% after\u00a0Europe\u2019s largest airline by passenger numbers forecast a record annual profit and promised to pay investors a regular dividend for the first time after fares soared during its key summer season.<\/p>\n

The carrier said traffic was up 11% to 105 million in the six months to the end of September, with fares 24% higher than last year.<\/p>\n

Telecom Italia <\/span><\/span> (BIT:) stock fell 1.6% after approving the sale of its fixed-line network to U.S. private equity firm KKR.<\/p>\n

Melrose <\/span><\/span> Industries (LON:) stock rose 3.6%, after the British aerospace supplier said its unit GKN (LON:) Aerospace Engines business has signed agreement with GE Aerospace expanding a long-term partnership.<\/p>\n

German factory orders rose in September<\/strong><\/h2>\n

Turning to economic data, rose 0.2% on the month in September, a stronger result than the fall of 1.0% expected, but still a sharp drop from the revised 1.9% gain seen in August.<\/p>\n

There are a number of due throughout Europe Monday, which should provide indications of the strength of economic activity in the region last month.<\/p>\n

Crude rises on prospect of tighter supply<\/strong><\/h2>\n

Oil prices rose Monday, rebounding after last week\u2019s hefty losses, with traders encouraged by the prospect of tighter supplies, while keeping an eye on events in the Middle East.<\/p>\n

Major suppliers Saudi Arabia and Russia confirmed over the weekend that they will maintain their ongoing supply reductions until the end of the year, heralding tighter oil markets.<\/p>\n

By 03:45 ET, the futures traded 1.5% higher at $81.72 a barrel, while the contract climbed 1.4% to $86.06 a barrel.\u00a0<\/p>\n

Both benchmarks slumped about 6% last week as the geopolitical risk premium faded, with the Israel-Hamas war failing, so far, to escalate into a wider conflict in the Middle East.<\/p>\n

Additionally, fell 0.3% to $1,992.80\/oz, while traded 0.2% higher at 1.0748.<\/p>\n

\u00a0<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. Investing.com – European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to central bank speakers for guidance. At 03:45 ET (08:45 GMT), the \u00a0index in Germany traded 0.1% lower, the \u00a0in France traded largely flat and the \u00a0in the U.K. fell 0.1%. Central bank speakers […]<\/p>\n","protected":false},"author":1,"featured_media":42967,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[37],"tags":[],"class_list":{"0":"post-42966","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-stocks"},"yoast_head":"\nEuropean stocks subdued ahead of central bank speakers; Ryanair shines | Prosfunds<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. Investing.com - European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prosfunds.com\/?p=42966\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"European stocks subdued ahead of central bank speakers; Ryanair shines | Prosfunds\" \/>\n<meta property=\"og:description\" content=\"\u00a9 Reuters. Investing.com - European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prosfunds.com\/?p=42966\" \/>\n<meta property=\"og:site_name\" content=\"Prosfunds\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-06T16:04:54+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-06T16:04:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/11\/LYNXMPED0O0LV_L.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"728\" \/>\n\t<meta property=\"og:image:height\" content=\"407\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/prosfunds.com\/?p=42966#article\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/?p=42966\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\"},\"headline\":\"European stocks subdued ahead of central bank speakers; Ryanair shines\",\"datePublished\":\"2023-11-06T16:04:54+00:00\",\"dateModified\":\"2023-11-06T16:04:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/prosfunds.com\/?p=42966\"},\"wordCount\":483,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"articleSection\":[\"Stocks\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/prosfunds.com\/?p=42966#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/prosfunds.com\/?p=42966\",\"url\":\"https:\/\/prosfunds.com\/?p=42966\",\"name\":\"European stocks subdued ahead of central bank speakers; Ryanair shines | Prosfunds\",\"isPartOf\":{\"@id\":\"https:\/\/prosfunds.com\/#website\"},\"datePublished\":\"2023-11-06T16:04:54+00:00\",\"dateModified\":\"2023-11-06T16:04:56+00:00\",\"description\":\"\u00a9 Reuters. Investing.com - European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to\",\"breadcrumb\":{\"@id\":\"https:\/\/prosfunds.com\/?p=42966#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/prosfunds.com\/?p=42966\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/prosfunds.com\/?p=42966#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/prosfunds.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"European stocks subdued ahead of central bank speakers; Ryanair shines\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/prosfunds.com\/#website\",\"url\":\"https:\/\/prosfunds.com\/\",\"name\":\"Funding Factories\",\"description\":\"Latest Finance News and Updates\",\"publisher\":{\"@id\":\"https:\/\/prosfunds.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/prosfunds.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/prosfunds.com\/#organization\",\"name\":\"Funding Factories\",\"url\":\"https:\/\/prosfunds.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png\",\"width\":780,\"height\":140,\"caption\":\"Funding Factories\"},\"image\":{\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/prosfunds.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"contentUrl\":\"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/prosfunds.com\"],\"url\":\"https:\/\/prosfunds.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"European stocks subdued ahead of central bank speakers; Ryanair shines | Prosfunds","description":"\u00a9 Reuters. Investing.com - European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/prosfunds.com\/?p=42966","og_locale":"en_US","og_type":"article","og_title":"European stocks subdued ahead of central bank speakers; Ryanair shines | Prosfunds","og_description":"\u00a9 Reuters. Investing.com - European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to","og_url":"https:\/\/prosfunds.com\/?p=42966","og_site_name":"Prosfunds","article_published_time":"2023-11-06T16:04:54+00:00","article_modified_time":"2023-11-06T16:04:56+00:00","og_image":[{"width":728,"height":407,"url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/11\/LYNXMPED0O0LV_L.jpg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/prosfunds.com\/?p=42966#article","isPartOf":{"@id":"https:\/\/prosfunds.com\/?p=42966"},"author":{"name":"News Room","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6"},"headline":"European stocks subdued ahead of central bank speakers; Ryanair shines","datePublished":"2023-11-06T16:04:54+00:00","dateModified":"2023-11-06T16:04:56+00:00","mainEntityOfPage":{"@id":"https:\/\/prosfunds.com\/?p=42966"},"wordCount":483,"commentCount":0,"publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"articleSection":["Stocks"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/prosfunds.com\/?p=42966#respond"]}]},{"@type":"WebPage","@id":"https:\/\/prosfunds.com\/?p=42966","url":"https:\/\/prosfunds.com\/?p=42966","name":"European stocks subdued ahead of central bank speakers; Ryanair shines | Prosfunds","isPartOf":{"@id":"https:\/\/prosfunds.com\/#website"},"datePublished":"2023-11-06T16:04:54+00:00","dateModified":"2023-11-06T16:04:56+00:00","description":"\u00a9 Reuters. Investing.com - European stock markets traded in a subdued fashion Monday, consolidating after last week\u2019s strength as investors looked to","breadcrumb":{"@id":"https:\/\/prosfunds.com\/?p=42966#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/prosfunds.com\/?p=42966"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/prosfunds.com\/?p=42966#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/prosfunds.com\/"},{"@type":"ListItem","position":2,"name":"European stocks subdued ahead of central bank speakers; Ryanair shines"}]},{"@type":"WebSite","@id":"https:\/\/prosfunds.com\/#website","url":"https:\/\/prosfunds.com\/","name":"Funding Factories","description":"Latest Finance News and Updates","publisher":{"@id":"https:\/\/prosfunds.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/prosfunds.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/prosfunds.com\/#organization","name":"Funding Factories","url":"https:\/\/prosfunds.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/ff-dark-logo-1.png","width":780,"height":140,"caption":"Funding Factories"},"image":{"@id":"https:\/\/prosfunds.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/bab8f1b00ccebe43e39ff640793108e6","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/prosfunds.com\/#\/schema\/person\/image\/","url":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","contentUrl":"https:\/\/prosfunds.com\/wp-content\/uploads\/2023\/08\/avatar_user_1_1693518183-96x96.png","caption":"News Room"},"sameAs":["https:\/\/prosfunds.com"],"url":"https:\/\/prosfunds.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/42966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=42966"}],"version-history":[{"count":1,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/42966\/revisions"}],"predecessor-version":[{"id":42968,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/posts\/42966\/revisions\/42968"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=\/wp\/v2\/media\/42967"}],"wp:attachment":[{"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=42966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=42966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prosfunds.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=42966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}