Global sentiment staying steady after U.S. jobs data leads to a predicted rise in European markets.

• The French CAC 40 was expected to open 50 points higher at 8,239 points, while the German DAX was predicted to jump 60 points to 18,050. However, the U.K.'s FTSE 100 was closed Monday for a public holiday.
• The U.S. nonfarm payrolls report for Friday revealed that 175,000 jobs were added in April, which is lower than the 240,000 jobs predicted by economists surveyed by Dow Jones.

European markets are expected to progress on Monday as traders continue to evaluate the likelihood of interest rate reductions following weaker-than-anticipated U.S. employment information.

The French stock market was predicted to open 50 points higher at 8,239 points, while the German market was expected to rise 60 points to 18,050. However, the U.K.'s market was closed on Monday for a public holiday.

The U.S. nonfarm payrolls report for Friday revealed that 175,000 jobs were added in April, which is lower than the 240,000 jobs predicted by economists surveyed by Dow Jones.

The unemployment rate increased slightly to 3.9% from 3.8% in the previous month, while wage figures were lower than anticipated, which could help curb inflation.

On Monday in Europe, the S&P composite final purchasing managers' index for the euro zone will be released at 9 a.m. London time. Meanwhile, Chinese President Xi Jinping will visit France, where President Macron will host Xi in Paris.

The U.K. and Irish indexes were not expected to trade on Monday, resulting in light trading volumes.

— CNBC's Samantha Subin and Pia Singh contributed to this report.