FX.co ★ European Markets Poised for Sharp Decline

European equity markets were poised for a significant drop at the opening bell on Monday, as investors prepared for new US tariffs anticipated to impact major European exports. Reports indicate that President Donald Trump has been pressing his advisers to pursue a more assertive approach in trade policies, heightening market unpredictability. Additionally, attention will be on the upcoming inflation data from Germany and Italy, although there are no significant earnings reports from Europe expected today. In early trading, Euro Stoxx 50 futures saw a 1% decline, with Stoxx 600 futures down by 0.8%.