European markets began the week with minimal changes as investors awaited US President-elect Donald Trump's inauguration. Global concerns linger over Trump's planned tariffs on imported goods, which economists predict could fuel inflation and impact US consumers. Meanwhile, the World Economic Forum in Davos commences, bringing together political and business leaders to discuss economic growth, artificial intelligence, and other pressing issues.
European markets have started the new trading week flat, with market attention on the inauguration of U.S. President-elect Donald Trump later in the day.
There are no major earnings or data releases slated for release in Europe on Monday. U.S. financial markets are closed on Monday for Martin Luther King Jr. Day.shares are off to a strong start this week and are currently trading at a 17-year high on an intraday basis. "Other headwinds affected our businesses to varying degrees, including a large reduction in orders from China, together with a general weakness in order intake and some customers delaying orders and deliveries," the company added.
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