European stock markets traded mostly higher Monday, helped by positive economic news out of both China and the U.S., as well as moves by President Donald Trump to extend U.S. jobless benefits. China's problem with producer price deflation eased in July, according to data released earlier Monday, boosting hopes of economic recovery in the world's second-biggest economy. The country reported a higher-than-expected consumer price index for July, with increases of 2.7% and 0.6% year-on-year and month-on-month respectively.
Futures point to the green, with no majors stats from the Eurozone to test the majors. The lack of stats leaves geopolitics in focus.
It’s a busy week ahead, with economic data, monetary policy, U.S foreign policy, and the path of the U.S stimulus package to drive the markets.