The new trading week is expected to maintain a positive outlook for European markets.
European stocks are predicted to begin the new trading week with optimism, fueled by Asian gains and the recent surge on Wall Street.
According to IG's data, the U.K.'s index has opened 27 points higher at 8,360, Germany's index is up 75 points at 19,196, France's index is up 31 points at 7,578, and Italy's index is 1 point higher at 33,594.
European stocks are expected to maintain their positive sentiment, as markets receive a boost from the latest U.S. jobs report that surpassed expectations. The U.S. economy added 254,000 jobs in September, which was 100,000 more than predicted by economists surveyed by Dow Jones.
The Nikkei 225 in Japan and other Asia-Pacific markets rose almost 2% overnight, with investors anticipating central bank decisions from the Bank of Korea, the Reserve Bank of New Zealand, and the Reserve Bank of India in the coming week.
On Sunday evening, U.S. stock futures remained tranquil, with Wall Street anticipating maintaining the momentum from Friday's rally in light of the stronger-than-expected jobs report, which provided additional backing for the notion that the Federal Reserve may successfully execute a "soft landing" for the U.S. economy.
In Europe on Monday, the U.K.'s Halifax House Price Index will be published and European retail sales figures will become available.
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