FX.co ★ European Markets Head for Higher Open

European equity markets were poised for a positive opening on Monday, as investors largely overlooked the U.S. military intervention in Venezuela over the weekend, which culminated in the apprehension of President Nicolas Maduro. President Trump announced on Saturday that the United States would oversee Venezuela until a proper political transition could be established. Concurrently, Secretary of State Marco Rubio indicated that Washington possesses the leverage to accomplish its objectives without directly administering the country. A positive sentiment was anticipated to extend from Asia into Europe, driven by technology stocks propelling global equities higher, buoyed by optimism regarding chipmakers and artificial intelligence advancements. Meanwhile, no significant economic data or corporate earnings announcements were expected in Europe for Monday. During premarket trading, Euro Stoxx 50 and Stoxx 600 futures increased by 0.6% and 0.5%, respectively.