European markets opened mixed on Monday, buoyed by a number of corporate results and ahead of a week rich in monetary policy events.

In Paris, the CAC 40 advanced by 0.10% to 7,641.12 points at around 08:43 GMT. In Frankfurt, the Dax lost 0.28%, compared with a 0.11% rise for the FTSE in London.

The pan-European FTSEurofirst 300 index gained 0.11%, the EuroStoxx 50 was stable and the Stoxx 600 nibbled at 0.1%.

Futures on New York indices suggest a hesitant opening on Wall Street, with the Dow Jones and Standard & Poor's 500 showing no marked direction, while the Nasdaq is up 0.24%.

On the stock front, Eutelsat , Phillips and Wacker Chemie are causing the indices to react on Monday, while numerous corporate results are expected this week, including those of several European banks and Novo Nordisk.

The markets are also positioning themselves ahead of the Federal Reserve's next monetary policy meeting on Wednesday.

The U.S. central bank is expected to keep rates at current levels, but investors will be paying close attention to comments from its governor, Jerome Powell, who may comment on the prospects for rate cuts, as markets remain positioned for 135 basis points of monetary easing this year, starting in May.

Among stocks, Eutelsat plummeted 15.78% after revising its earnings outlook downwards for the 2023-2024 financial year, and dragged down satellite group SES , which fell 3.92%.

Philips fell by 5.36% after its fourth-quarter results. (Written by Corentin Chappron, edited by Kate Entringer)