The other major European markets are following a similar trend, with Frankfurt's DAX 40 inching up 0.10% to 24,940 points, while London's FTSE 100 is up 0.21% at 10,467 points.

However, the session is expected to be particularly quiet, with lower-than-usual trading volumes due to the absence of American investors, who are observing a public holiday. They are celebrating Presidents' Day, in honor of the various presidents of the United States.

As a result, there will be no macroeconomic data released from across the Atlantic, leaving investors to focus on eurozone industrial production, the day's sole economic indicator.

In December, industrial production fell by 1.4%, whereas analysts had feared a 1.5% decline. In November, eurozone industrial production had increased by 0.3%. This 1.4% drop marks the largest decrease since April 2025, when it fell by 2.4%.

Banks Stand Out...

On the equities front, the European banking sector is particularly in favor. In Paris, Société Générale is up 2.94%, while BNP Paribas is gaining 1.72%. Crédit Agricole is not far behind, rising by 1.58%, despite being hit with a 7.551 million euro fine by the European Central Bank for failing to comply with a decision on climate and governance risks. Elsewhere in Europe, Spanish group Banco Santander is up 2.96%, after UBS reaffirmed its Buy rating on the stock while slightly lowering its price target from 11.80 to 11.70 euros. In Italy, Unicredit stands out with a 1.78% gain.

... While Dassault Systèmes Continues to Slide

Conversely, at the bottom of the leaderboard, Dassault Systèmes, which already plunged 19.91% last week, continues its decline, shedding 7.69%. The group slumped following disappointing 2025 results and 2026 targets. The stock is also weighed down by concerns over the expansion of AI in various sectors, particularly software.

Declines in Hermès and Kering, down 1.87% and 2.11% respectively, are also limiting gains on the Paris market.

Outside the CAC 40, Ubisoft stumbles by 7.96% after surging 12.38% the previous day. However, the stock is down 34.37% since the start of the year, taking today's drop into account.

In Europe, Siemens falls 2.47%, despite UBS reaffirming its Buy recommendation with an unchanged price target of 255 euros.

A Busy Agenda Ahead This Week

On the corporate side, the pace of earnings releases will pick up significantly from Tuesday through the end of the week. In France, investors will be watching results from Vicat, M6, Orange, Carrefour, Eramet, Airbus, Pernod Ricard, Accor, Renault, Nexans, Air France-KLM, Air Liquide, and Danone. Across Europe, attention will focus on Nestlé, Repsol, Aegon, and Sika.

Finally, in the United States, some of the most anticipated releases include Walmart, Booking Holdings, Garmin, Deere & Company, Constellation Energy, and Warner Bros Discovery.

On the data front, investors will watch Germany's ZEW index for February and the New York Fed's Empire State index in the US starting Tuesday.

On Wednesday, focus will turn to French inflation data for January, while several US real estate indicators will also be published.
Toward the end of the week, various manufacturing and services activity indexes will be released in several major economies.