FX.co ★ European Markets Set to Start Week Higher

European equity markets seem set for a positive start on Monday, echoing the upward trends seen globally as investors await crucial developments in ongoing trade talks ahead of significant deadlines next week. This optimism is also buoyed by Canada's move to retract its digital services tax following US President Donald Trump's ultimatum to terminate trade negotiations with Ottawa. In the region, attention is also focused on new economic data releases, including inflation reports from Germany and Italy, as well as German retail sales figures. In pre-market trading, Euro Stoxx 50 futures increased by 0.4%, and Stoxx 600 futures saw a rise of 0.6%.