European stocks are expected to open higher Monday as investors focus on earnings, while keeping an eye on tax reform plans in the U.S. and political woes in the U.K.
The FTSE 100 is seen up by 20 points at 7,453; the German DAX is seen higher by 6 points at 13,124 and the CAC 40 is set to open higher by 4 points at 5,381.
In the U.K., the pound fell on growing concerns over the future of Theresa May as prime minister. Meanwhile in Germany, Chancellor Angela Merkel urged party leaders to reach a compromise for a new coalition government.
Source: Bloomberg Pro Terminal
Jr Trader Alexander Kumanov
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