FX.co ★ European Markets Head for Higher Open

European stock markets are set for a positive start on Monday as appetite for risk appears to be improving. While the economic calendar in Europe remains relatively quiet, investors will keep an eye on Turkish GDP figures and EU unemployment data for new insights. Meanwhile, market participants continue to assess the global interest rate outlook in anticipation of key U.S. labor market reports and the Federal Reserve's upcoming policy decision later this month. On the trade front, a U.S. federal appeals court has determined that most of President Donald Trump's reciprocal tariffs are unlawful. The administration has until October 14 to appeal this ruling to the Supreme Court. In premarket trading, Euro Stoxx 50 futures rose by 0.15%, and Stoxx 600 futures increased by 0.05%.