European markets head for flat to lower start to the new trading week

LONDON — European stocks are expected to unfastened successful level to little territory connected Monday.

The U.K.'s FTSE scale is expected to unfastened flat, Germany's DAX down 0.3%, France's CAC 40 flat and Italy's FTSE MIB down 0.4%, according to information from IG.

Geopolitics could proceed to find marketplace sentiment this week arsenic tensions betwixt the U.S. and Canada resurface.

Canadian Prime Minister Mark Carney said connected Sunday that his state has nary volition of pursuing a escaped commercialized statement with China, aft U.S. President Donald Trump threatened to enforce 100% tariffs connected Ottawa if it signed a commercialized woody with China.

"Canada respects our engagements, our commitments. We person commitments nether CUSMA (Canada-United States-Mexico Agreement) not to prosecute escaped commercialized agreements with non-market economies without anterior notification. We person nary volition of doing that with China oregon with different non-market economy," Carney said.

Asia-Pacific markets traded mixed Monday arsenic investors assessed the situation, portion U.S. banal futures fell overnight arsenic traders braced for a large week of cardinal net reports and a U.S. monetary argumentation meeting.

More than 90 S&P 500 companies are acceptable to station quarterly reports this week, including Apple, Meta Platforms, and Microsoft. So far, the net play has been strong, with 76% of the companies that person reported beating expectations, per FactSet.

Traders this week volition besides crook their attraction to the Federal Reserve. The cardinal slope is acceptable to denote its archetypal argumentation determination of the twelvemonth connected Wednesday.

While the Fed is wide expected to support its overnight complaint unchanged, Wall Street volition look for clues connected erstwhile Fed officials volition chopped rates.

— CNBC's Fred Imbert contributed to this marketplace report.