European stocks to start the week higher, buoyed by positive global sentiment

Here are the opening calls

Welcome to CNBC's live blog covering all the action in European financial markets on Monday, and the latest regional and global business news, data and earnings.

Futures data from IG suggests a positive start for European markets, with London's FTSE looking set to open unchanged at 8,794, Germany's DAX up 0.3% at 24,104, France's CAC 40 up 0.3% at 7,709 and Italy's FTSE MIB up 0.2% at 39,911.

The positive start for Europe comes after similar sentiment in Asia-Pacific markets overnight, as investors parsed details on trade negotiations and data points, including Japan's industrial output figures for May and China's manufacturing activity for June.

Meanwhile, U.S. stock futures rose early Monday as investors look to cap an exuberant month for stocks, despite uncertainty over global trade negotiations.

What to watch for today

Market watchers in Europe will be looking at the latest inflation data out of Italy and Germany on Monday, as well as German retail sales, for signs of inflationary pressures and a hit to consumer confidence.

Traders will also be digesting data out of China earlier that showed manufacturing activity contracted for a third straight month in June, despite Beijing's stimulus efforts helping to stabilize certain aspects of the industrial sector.