European stocks are expected to open higher on Monday as investors keep an eye on political developments between Russia and Ukraine and inflation data.
in Japan rising 1.47% in afternoon trade while the Topix index climbed 1.19%. Markets in Hong Kong and Singapore closed early on Monday ahead of the Lunar New Year holidays.
Official data released Sunday showed Chinese factory activity growth slowing in January. The country's official manufacturing Purchasing Managers' Index for January was at 50.1, just above the 50 level that separates growth from contraction. A private survey released over the weekend showed Chinese manufacturing activity contracting in January.as investors braced for the final trading day in what could be the worst month for the S&P 500 since March 2020.
Investors in Europe are keeping an eye on developments between Russia and Ukraine with the UN Security Council set to meet on Monday to discuss ongoing tensions between the neighbors amid a build-up of soldiers on Russia's border with Ukraine.on Monday and data releases include preliminary fourth-quarter GDP data for the euro zone and preliminary inflation data for January from Spain and Germany.
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