European stock markets faced difficulties in determining the direction on Monday after four consecutive weeks of decline. The FTSE 100 index in London dropped by 0.5%, while the DAX in Frankfurt lost 0.2%. Companies linked to the commodities sector showed mixed results. Shares of BP and Royal Dutch Shell fell by 0.5% and 0.9% respectively, while TotalEnergies rose by 0.4%. Shares of airline Lufthansa dropped by 2.3%. Weak data on inflation growth in the eurozone and production growth in Germany exerted pressure on the market. Analysts note that investors are waiting for the Federal Reserve's new monetary strategy regarding money and credit. "This period is characterized by significant uncertainty and expectations," says analyst Philip Leis.
European Stocks Struggle to Find Direction
European stocks faced difficulty in determining their direction on Monday following four consecutive weeks of decline. Investors are cautious as they navigate the uncertain market conditions and economic indicators.
