Brexit, earnings in focus as mood turns cautious

Market focus is usually largely attuned to corporate results, with major U.S. banks set to get the ball rolling later inside the week.

J.P. Morgan Chase & Co in addition to also Wells Fargo are both poised to report their latest figures on Friday.

Concerns about U.S. earnings have dragged on U.S. equities in recent sessions, though a robust jobs report last week helped to soothe frayed nerves.

Back in Europe, investors continued to monitor an upcoming Brexit summit. U.K. Prime Minister Theresa May is usually supposed to meet with the leaders of Germany in addition to also France later inside the session, with four days to go before the earth’s fifth-largest economy is usually due to leave the European Union.

May will be at an emergency summit on Wednesday, when all 28 EU states will vote on whether to grant the U.K. a different Brexit extension.

On the data front, Italy will publish month-on-month retail figures for February at around 9:00 a.m. London time.

Elsewhere, Commerzbank is usually reportedly set to decide whether or not to continue merger talks with Deutsche Bank on Tuesday.