European markets are anticipated to start the week on a positive note, with key indices projected to climb. IG data suggests the UK’s FTSE 100 will open 14 points higher at 8,667, Germany’s DAX could rise 83 points to 22,966, France’s CAC 40 may gain 9 points, and Italy’s FTSE MIB is expected to jump 171 points.
Investors will closely watch preliminary Purchasing Managers’ Index (PMI) data from major European economies to assess economic health. Meanwhile, Asian markets traded mostly higher, though uncertainty looms over potential US tariffs set to take effect on April 2.
US stock futures also indicated an upward trend, following last week’s gains. President Trump hinted at possible flexibility in his tariff policy but avoided confirming exemptions, leaving markets in cautious optimism.