European equity markets were poised to open higher on Monday as investors focused on the ECB’s Sintra Forum, where central bank leaders, including Fed Chair Kevin Warsh and ECB President Christine Lagarde, are scheduled to speak. Markets were also tracking developments in the Middle East after renewed clashes between the US and Iran near the Strait of Hormuz. Both sides have agreed to halt further attacks ahead of peace talks due to resume this week in Doha, Qatar.
On the data front, investors will evaluate Spanish inflation and retail sales figures, alongside Eurozone economic sentiment and consumer inflation expectations. There are no major corporate earnings releases scheduled in Europe on Monday. In premarket trading, Euro Stoxx 50 futures were up 0.3%, while Stoxx 600 futures added 0.15%.
