European markets set to start the week positively as trade landscape remains in focus
John Keeble | Getty Images News | Getty Images
Good morning from London, and welcome to CNBC's live blog covering all the action and business news in European financial markets at the start of the new trading week.
Futures data from IG suggests a generally positive open for European indexes, with London's FTSE 100 seen opening slightly higher, France's CAC 40 up 0.2% and Germany's DAX up 0.3%, and Italy's FTSE MIB 0.5% higher.
Global investors will continue to keep an eye on the tariff landscape this week with a focus on whether the Aug. 12 deadline for the U.S.-China tariff truce will be extended. Asia-Pacific markets were subdued overnight as a result.
Meanwhile, U.S. stock futures inched higher Sunday night, with the market once again on the cusp of all-time highs ahead of a week of key inflation reports.
The consumer price index, which is set to be released Tuesday, and the producer price index, due out Thursday, will be critical in shaping the outlook for the direction of interest rates, especially in the Federal Reserve's September meeting. Hotter inflation prints could hinder the market's advance, however.
— Holly Ellyatt, Sarah Min
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