European stock markets opened slightly higher on Monday as investors bet that a good set of statistics in the United States and Europe will address concerns about the pace of economic recovery.
Attention will be focused Monday on consumer prices in the euro zone expected to 0.5%, still in the "danger zone" below 1%.
In Paris, the CAC 40 index 0.09% to 4441.02 takes dots to 8:00 GMT. In Frankfurt, the DAX gained 0.4% and London's FTSE advance of 0.12%. The EURO STOXX 50 index rose 0.25% and 0.09% FTSEurofirst 300.
Last week, the pan-European index Eurofirst 300 posted a weekly decline for the first time in ten weeks.
Investors hope to have demonstrated in the statistics of the week that the recovery is underway in the United States, notably with the employment report Thursday June, on the eve of "Independence Day".
Economists polled by Reuters on average expect the creation of 213,000 jobs in June, a number above 200,000 for the fifth consecutive month, the most since the period September 1999-January 2000.
"Buyers hang on, hoping that the economic indicators released this week in the United States improve market sentiment and awaken the appetite for risk," wrote Jonathan Sudaria, trader at Capital Spreads, in a note to clients.
Values, the Dutch conglomerate Philips wins 3.24% after announcing that it would merge its divisions in LEDs and LED automotive lighting into a new entity that would later be split.
The German group Merck KGaA (0.83%), the worldwide leading manufacturer in the manufacture of liquid crystal displays, has been a division of its action on the basis of two to one.
On the foreign exchange market, the dollar barely bounce after accusing its biggest weekly decline in more than two months after disappointing indicators and the euro is stable around 1.3644 dollar.
Brent still losing ground under 113 dollars. The fact that the fighting in Iraq are far from large areas of oil production in the south soothes fears of supply disruptions.
Attention will be focused Monday on consumer prices in the euro zone expected to 0.5%, still in the "danger zone" below 1%.
In Paris, the CAC 40 index 0.09% to 4441.02 takes dots to 8:00 GMT. In Frankfurt, the DAX gained 0.4% and London's FTSE advance of 0.12%. The EURO STOXX 50 index rose 0.25% and 0.09% FTSEurofirst 300.
Last week, the pan-European index Eurofirst 300 posted a weekly decline for the first time in ten weeks.
Investors hope to have demonstrated in the statistics of the week that the recovery is underway in the United States, notably with the employment report Thursday June, on the eve of "Independence Day".
Economists polled by Reuters on average expect the creation of 213,000 jobs in June, a number above 200,000 for the fifth consecutive month, the most since the period September 1999-January 2000.
"Buyers hang on, hoping that the economic indicators released this week in the United States improve market sentiment and awaken the appetite for risk," wrote Jonathan Sudaria, trader at Capital Spreads, in a note to clients.
Values, the Dutch conglomerate Philips wins 3.24% after announcing that it would merge its divisions in LEDs and LED automotive lighting into a new entity that would later be split.
The German group Merck KGaA (0.83%), the worldwide leading manufacturer in the manufacture of liquid crystal displays, has been a division of its action on the basis of two to one.
On the foreign exchange market, the dollar barely bounce after accusing its biggest weekly decline in more than two months after disappointing indicators and the euro is stable around 1.3644 dollar.
Brent still losing ground under 113 dollars. The fact that the fighting in Iraq are far from large areas of oil production in the south soothes fears of supply disruptions.
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