European Stocks Gear Up for Gains as Investors Eye PMI Data and US Tariffs

European markets are poised for a bullish opening on Monday, with key indices expected to rise. IG forecasts indicate the FTSE 100 will open 14 points higher at 8,667, while Germany’s DAX could jump 83 points to 22,966. France’s CAC 40 is likely to gain 9 points, and Italy’s FTSE MIB may surge by 171 points.

Market participants will focus on preliminary PMI figures from major European economies to assess business activity. Meanwhile, Asia-Pacific shares traded mostly higher, though investors remain cautious ahead of US tariff decisions.

US stock futures also pointed to a positive open, extending last week’s upward trend. President Trump suggested possible flexibility in his tariff strategy but stopped short of confirming exemptions, keeping traders on edge.