Vicky McKeever
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FTSE 100 LIVE: European stocks mixed with UK investment summit and economic data in focus
How major markets are performing on Monday
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The FTSE 100 (^FTSE) and European stocks were mixed on Monday following a speech from prime minister Keir Starmer at the UK's investment summit, in which he vowed to get rid of red tape to help drive investment in the country.
In a keynote speech opening the gathering of global business leaders and investors, Starmer said he would do everything in his "power to galvanise growth including getting rid of regulation that needlessly holds back investment".
The release of key economic data was also in focus for markets, with UK jobs data due out on Tuesday, followed by the latest inflation reading on Wednesday.
With the third-quarter earnings season now underway, investors will also be keeping an eye on the flurry of financial results due out this week.
London’s benchmark index was flat in early afternoon trading.
Germany's DAX (^GDAXI) rose 0.2% while the CAC (^FCHI) in Paris headed 0.2 into the red
The pan-European STOXX 600 (^STOXX) was unchanged.
Wall Street is also set for a mixed open as S&P 500 futures (ES=F) and Nasdaq futures (NQ=F) in 0.2% and 0.3% in the green respectively, while Dow futures (YM=F) were down 0.1%.
The pound was down nearly 0.2% against the US dollar (GBPUSD=X) at 1.3047.
Key companies reporting this week include Netflix (NFLX), Goldman Sachs (GS) and Bank of America (BAC) in the US, while LVMH (MC.PA), ASML (ASML.AS) and Rio Tinto (RIO.L) are due to release results in Europe.
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