European stocks are expected to open higher Monday as investor confidence rises cautiously as lockdown restrictions around the world are lifted.
London's FTSE is seen 90 points higher at 5,888, Germany's DAX is seen 200 points higher at 10,649, France's CAC 40 is seen 78 points higher at 4,350 and Italy's FTSE MIB is seen 332 points higher at 17,017, according to IG.
Investors will be digesting comments from U.S. Federal Reserve Chairman Jerome Powell on Sunday, about the prospects for the U.S. economy to recover in the medium term. European stocks are expected to open higher Monday as investor confidence rises cautiously with lockdown restrictions around the world being lifted.
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