The Federal Reserve Board logo at the William McChesney Martin Jr. Building on September 16, 2025 in Washington, DC.
Kevin Dietch Getty Images
LONDON — European stock markets opened the new week on a positive note as traders looked ahead to a U.S. Federal Reserve meeting, higher earnings and signs of closer U.S.-China relations.
pan-european Stocks 600 The stock was up 0.1% at around 8:06 a.m. ET (4:07 a.m. ET).
both from british FTSE index and french CAC40 Immediately after the opening bell, it was trading near the flat line, with Germany’s dachshund Italy rose 0.4%. FTSE MIB Add 0.5%.
Local markets ended last week higher as investors reacted to the latest U.S. inflation numbers, the only federal data to be released as the government shutdown continues, and a flurry of corporate earnings reports.
Annual U.S. inflation hit a lower-than-expected 3% in September, sparking a rally in U.S. stocks on expectations that the Federal Reserve will cut interest rates at its meeting this week.
The market is currently pricing in a 96% chance of a 25 basis point rate cut this week, according to the CME FedWatch tool.
Geopolitics and trade are also at the forefront of investors’ concerns this week on hopes that the US and China can resolve their escalating trade dispute.
President Donald Trump and Chinese President Xi Jinping are scheduled to meet in South Korea on Thursday in a bid to ease trade tensions, a move that could bring greater transparency and reassurance to investors. As President Trump continues his tour of Asia, the two leaders will meet on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit.
U.S. Treasury Secretary Scott Bessent recently said talks between the leaders were “constructive, far-reaching and thorough” and suggested the needle could move.
European profits were announced by Galp Energia and Deutsche Börse on Monday, with the data release including Germany’s ifo Business Environment Survey.
CNBC will be participating in the Future Investment Initiative (FII) Forum in Riyadh this week, which will include 20 heads of state and more than 600 speakers.
Hundreds of bankers, consultants and technology executives are scheduled to travel to Saudi Arabia for the three-day event, including JPMorgan CEO Jamie Dimon, Goldman Sachs Group Inc.’s David Solomon, BlackRock Inc.’s Larry Fink and Brookfield’s Bruce Flatt.
—CNBC’s Liz Napolitano contributed to this market report.
