European markets are expected to open higher on Monday, continuing the positive momentum from global trading sessions. According to IG data, the UK’s FTSE 100 is projected to rise by 14 points to 8,667, while Germany’s DAX is set to gain 83 points, reaching 22,966. France’s CAC 40 is expected to climb 9 points to 8,057, and Italy’s FTSE MIB could surge by 171 points to 38,391.

Investors will closely monitor preliminary Purchasing Managers’ Index (PMI) data from the UK, France, Germany, and the broader eurozone to gauge economic activity in the industrial and services sectors. Meanwhile, Asia-Pacific markets traded mostly higher, though concerns linger over US President Donald Trump’s upcoming tariff deadline on April 2.

US stock futures also indicated a positive open, extending last week’s gains. Trump hinted at potential flexibility in his reciprocal tariff plan but provided no clarity on exemptions, leaving markets cautiously optimistic.