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FX.co ★ European Markets Head for Higher Open

European Markets Head for Higher Open

European stocks appeared poised for a positive opening on Monday as the focus shifted to the French confidence vote. Prime Minister Francois Bayrou is expected to face defeat, a result of ongoing disputes with opposing parties over budgetary reductions. Such a development might lead President Emmanuel Macron to appoint a fifth prime minister in less than two years. Investors are also anticipating key U.S. inflation data this week, as signs of a cooling U.S. labor market have reinforced expectations for Federal Reserve rate cuts. Additionally, market participants will analyze Germany's latest trade figures, with no significant earnings reports anticipated. In premarket trading, the futures for Euro Stoxx 50 and Stoxx 600 both increased by approximately 0.3%.

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