European markets open flat to lower amid global market instability.
The new trading week for European stocks is predicted to begin in a flat to negative state due to ongoing global volatility.
According to IG's data, the U.K.'s index is expected to open 3 points higher at 8,165, while Germany's index is predicted to open 59 points lower at 17,591. France's index is anticipated to be down 17 points at 7,219, and Italy's index is expected to be down 139 points at 32,009.
The subdued start for major European markets is happening amid wider global volatility, as U.S. stock futures fell Sunday night following a turbulent last week for Wall Street, in which the Nasdaq Composite dropped into correction territory. Additionally, Asia-Pacific markets also continued the selloff overnight.
On Monday, earnings in Europe come from Uniper, Infineon, Monte dei Paschi, and Palantir Technologies. Additionally, data releases include services purchasing managers' index data from the U.K, Italy, and Spain.
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