FX.co ★ European Stocks Poised for Higher Open

European equities were poised to open higher on Monday, as a shift in risk sentiment spurred optimism among investors. This comes ahead of the anticipated interest rate cut by the US Federal Reserve later this week. Meanwhile, the Bank of England is expected to maintain its current policy on Thursday, as inflation shows signs of increasing, with rate cuts anticipated to resume in the coming quarters. On the data front, traders will closely monitor the latest Eurozone trade balance and German wholesale prices for August. No significant corporate earnings are scheduled for release today. In premarket activity, Euro Stoxx 50 futures rose by 0.3%, while Stoxx 600 futures saw a 0.1% increase.