Melrose climbs after results
Eyes on Nvidia earnings
Lagarde set to speak
Nov 18 Reuters European shares dipped on Monday following a string of weekly losses, weighed down by real estate and technology stocks, while investors awaited speeches from European Central Bank policymakers to gauge the path of interest rates.
The continentwide STOXX 600 index dropped 0.2 by 0909 GMT.
The benchmark posted its first fourweek losing streak in 212 years on Friday, hit by disappointing earnings, a jump in Treasury yields and concerns about the impact of U.S. Presidentelect Donald Trump39;s policies on global economies and businesses.
European tech shares dipped 0.6 ahead of AI bellwether Nvidia39;s quarterly results on Wednesday. Most major sectors were lower, with real estate stocks leading declines.
Investors awaited speeches from ECB chief economist Philip Lane and President Christine Lagarde later in the day as well as euro zone November flash PMIs on Friday for clues on the path of interest rates.
We think this week39;s PMI readings are unlikely to fully reflect recent political highlights and should therefore not be expected to stray far from the most recent, subdued readings, Unicredit analysts said in a note.
ECB Vice President Luis de Guindos said global trade tensions further the risk for an already weak euro zone economy. Another policymaker, Joachim Nagel, said the tariffs promised by Trump would upend international trade but may ultimately have a minor impact…