European Markets Head for Positive Open as New Year Trading Begins

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European stocks are expected to open broadly higher on Monday as trading resumes in the new year.

Infectious disease expert Dr. Anthony Fauci told ABC's"This Week" on Sunday that U.S. health officials may soon update guidelines to include ato signal when a person who previously tested positive for Covid can leave isolation.

Inflation and monetary policy are also expected to be key themes for 2022, as investors expect the Federal Reserve to hike rates multiple times in the coming year to help cool the rise in prices for consumers. Data releases include final purchasing manager's index data for the euro zone in December and new car registrations in Spain, Belgium and Denmark for December.Sign up for— CNBC's Jesse Pound and Eustance Huang contributed to this market report.

 

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