European equity markets were set to open higher on Monday as investors prepared for a busy week of central bank decisions across the region.
The Bank of England is widely expected to deliver another 25 basis point rate cut, while the European Central Bank, Sweden’s Riksbank, and Norway’s Norges Bank are all seen keeping policy rates unchanged.
On the geopolitical front, US special envoy Steve Witkoff said progress was made during talks in Berlin on Sunday aimed at ending the war in Ukraine, offering a modest boost to sentiment.
Investors will also assess German wholesale price data and Eurozone industrial production figures, with no major corporate earnings releases scheduled.
In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were both up around 0.4%.