FX.co ★ European Markets Poised to Open Higher

European equity markets were poised for a positive start on Monday, as investors prepared for a week brimming with significant earnings reports and pivotal economic data releases. This week will feature earnings announcements from major companies such as BP, Deutsche Bank, HSBC, Deutsche Boerse, and Shell. Investors will also have the opportunity to assess unemployment figures from France and Spain today, alongside upcoming GDP and inflation data from Germany and France on Wednesday. In the meantime, sentiment was buoyed by indications of diminishing global trade tensions. President Trump showed a willingness to reduce tariffs on Chinese imports, while Beijing announced exemptions for select U.S. goods previously subjected to high tariffs. In premarket activity, futures for the Euro Stoxx 50 and Stoxx 600 indices were both up approximately 0.2%.