EU election results in surge for right-wing parties lead to lower open in European markets.

The EU Parliament election results indicate a rise in the popularity of far-right parties, causing traders to expect lower openings for European stocks on Monday.

According to IG, the U.K.'s index is 57 points lower at 8,193, Germany's index is 45 points lower at 18,507, France's index is down 45 points at 7,952, and Italy's index is 60 points lower at 34,629.

European policymaking for the next five years may be heavily influenced by populist, far-right parties, as indicated by initial results of the EU parliamentary elections held recently.

Along with the next U.S. inflation data on Wednesday and the next meeting of the U.S. Federal Reserve, regional investors will also be focusing on the recent U.S. jobs report that showed unexpectedly strong hiring and wage growth in May.

The Federal Open Market Committee is not expected to lower interest rates at its meeting this week or the next meeting in July, according to traders.

On Monday, Asia-Pacific markets were mixed, with some markets closed for a holiday, including Australia, mainland China, Hong Kong, and Taiwan. Meanwhile, U.S. stock futures remained unchanged after a successful week.