Europe’s indexes finished in positive territory Monday, led higher partly by banks, with investors also awaiting a scheduled U.K. parliamentary vote on Prime Minister Theresa May’s Brexit.
Shares of Deutsche Bank AG and rival Commerzbank AG jumped after a report said that the two embattled German lenders were engaged in informal merger talks.
How did markets perform?
The Stoxx Europe 600
The U.K.’s FTSE 100
What’s driving the markets?
May was set to arrive in Brussels Monday, as the U.K. Prime Minister attempts to renegotiate tweaks to her Brexit plans with commission president Jean-Claude Juncker. On Tuesday, British lawmakers are scheduled to vote on her deal, however May might .
Separately, weaker-than-expected Chinese loan and money-supply data and declining car sales data added to the mounting global economic slowdown evidence.
China’s aviation regulator has ordered its airlines to suspend the operation of Boeing 737 Max 8 planes after the crash of Ethiopian Airlines flight 302,
leading to 9% drop in the heavily weighted
Meanwhile, German industrial production dropped in January , missing forecasts, and exports were flat, a sign that Europe’s largest economy continues to flounder.
What stocks are active?
Deutsche Bank AG