European stock markets are expected to open higher on Monday as international markets prepare for important US data releases, including the latest inflation survey.

England’s FTSE one sees that the index opened at 7,594 by increasing 46 points. DAX At 14,530, an increase of 76 points, France’s CAC 40 37 points out of 6,509 and Italy’s FTSE MIB It’s 98 points higher at 24,256, according to IG data.

A positive start for European equities came after the markets closed lower statistics on Friday. The US economy expanded 390,000 jobs in May. US and European equities plummeted as investors assessed the potential for interest rates to rise as a result of better-than-expected data.

The latest US inflation survey at the end of the week will be a major focus for markets. In the US, the May consumer price index is expected to be slightly cooler than in April, and some economists expect this to confirm peak inflation.

The University of Michigan’s consumer confidence index, which will also be released on Friday, will also be closely monitored by investors.

US stock futures changed slightly on Sunday night after a losing week as investors continued to bet that the Federal Reserve will aggressively tighten monetary policy to combat rising inflation. Meanwhile, mixed stocks in the Asia-Pacific region A special survey on Monday showed a further decline in China’s service sector activity for May.

No major earnings or data releases in Europe on Monday.