European equity markets were poised for a higher open on Monday, mirroring gains across global markets as investors awaited key developments in ongoing trade negotiations ahead of looming deadlines next week.
Sentiment was further supported by Canada’s decision to withdraw its digital services tax following US President Donald Trump’s threat that he would end all trade discussions with Ottawa.
In the region, investors are also eyeing fresh economic data, including inflation figures from Germany and Italy, as well as German retail sales.
In premarket trading, Euro Stoxx 50 futures rose 0.4%, while Stoxx 600 futures advanced 0.6%.