According to calculations by banks and brokers, the DAX will open with gains on Monday.

Nervousness ahead of the French elections had put the brakes on Europe's stock markets at the end of the week. The Dax left trading on Friday barely changed at 18,235 points. After the right-wing Rassemblement National (RN) won the first round of the French parliamentary elections according to post-election polls, investors are eagerly awaiting the second round of voting next Sunday. In contrast to the first round, a simple majority in the second round is enough to win direct mandates in the constituencies.

The Federal Statistical Office will also publish the consumer price data for June on Monday. In May, inflation rose for the first time this year. Consumer prices rose by 2.4 percent compared to the same month last year.

The President of the European Central Bank, Christine Lagarde, will open the annual Monetary Policy Forum in Sintra, Portugal, in the evening. Central bankers and academics from all over the world are meeting in the small town to the northwest of Lisbon until July 3 to discuss inflation trends and the right interest rate course.

European closing rates

share indices and

-futures on Friday

Dax 18,235.45

Dax future 18,526.00

EuroStoxx50 4,894.02

EuroStoxx50 future 4,926.00

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Closing prices of the status Change in

US indices on Friday Percent

Dow Jones 39,118.86 -0.1%

Nasdaq 17,732.60 -0.7%

S&P 500 5,460.48 -0.4%

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Asian indices at 07:00 Change in

Monday clock percent

Nikkei 39,603.16 +0.1%

Shanghai 2,976.47 +0.3%

Hang Seng No trading

(Report by Anika Ross, edited by Ralf Banser. If you have any questions, please contact our editorial team at berlin.newsroom@thomsonreuters.com (for politics and the economy) or frankfurt.newsroom@thomsonreuters.com (for companies and markets).)