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Here are the opening calls
LONDON, ENGLAND - MARCH 24: A red London double decker bus and a UPS delivery van pass across Waterloo Bridge in front of St. Paul's Cathedral on March 24, 2025 in London, United Kingdom. (Photo by John Keeble/Getty Images)
John Keeble | Getty Images News | Getty Images
Good morning from London! This is CNBC's live blog covering all the action in European financial markets as the new trading week begins.
Futures data from IG suggests London's FTSE will open 7 points higher at 8,836, Germany's DAX up 3 points at 24,296, France's CAC 40 up 5 points at 7,801 and Italy's FTSE MIB 13 points higher at 40,595.
Global market focus will be on U.S.-China trade talks which are expected to take place in London on Monday. President Donald Trump announced Friday that Treasury Secretary Scott Bessent and two other Trump administration officials will meet with their Chinese counterparts in the capital as efforts to negotiate a trade deal continue.
In other news, CNBC will be at London Tech Week this week with Nvidia CEO Jensen Huang set to deliver a keynote speech on Monday morning. There are no other major earnings or data releases due.
— Holly Ellyatt
Global market action overnight
Traders work on the floor at the New York Stock Exchange (NYSE), on the day of Circle Internet Group's IPO, in New York City, U.S., June 5, 2025.
Brendan McDermid | Reuters
U.S. equity futures were mostly flat overnight, with the S&P 500 trading near a record high and a busy week of potential market-moving news ahead.
U.S, inflation data is expected to be a key topic later in the week. The latest consumer price index is due out on Wednesday, followed by the producer price index on Friday. Traders will be looking for clues about how the current tariff rates are affecting the economy.
— Holly Ellyatt, Amala Balakrishner, Jesse Pound
English (US)