FX.co ★ European Markets Set for Higher Open

European equity markets are set for a strong opening on Monday, buoyed by positive sentiment after President Donald Trump decided to postpone implementing 50% tariffs on the European Union until July 9. Trump revealed his decision on Truth Social, following a conversation with European Commission President Ursula von der Leyen. Von der Leyen confirmed the discussion, characterizing it as “productive” and emphasizing that additional time is necessary to “achieve a favorable agreement.” With no significant economic or earnings announcements anticipated in Europe for the day, the market's attention remains focused on trade developments. In premarket activity, Euro Stoxx 50 and Stoxx 600 futures increased by 1.5% and 1.1%, respectively.