European markets looked set for a higher open on Monday, with futures pointing to a 0.6% rise in both the Euro Stoxx 50 and Stoxx 600, as sentiment steadied following last week’s sharp selloff.
Last week, both benchmarks dropped over 3% after US President Donald Trump’s sweeping retaliatory tariffs reignited concerns over global growth, despite recent trade deals with the EU and UK. Today, investors will focus on the Turkish central bank’s policy decision and fresh employment data from Spain.
On the corporate front, earnings season is winding down, with no major reports scheduled for Monday.