European stocks set to start the week higher, following global market positivity

Market Outlook - European stocks are expected to open positively, with the U.K.'s FTSE index projected to rise by 0.55%, Germany's DAX by 0.8%, France's CAC 40 by 0.76%, and Italy's FTSE MIB by 0.72% as hopes for a Fed rate cut in December resurface [1] - Asia-Pacific markets and U.S. stock futures have also increased, building on a rebound that began on Friday, following indications from the New York Federal Reserve regarding a potential December interest rate cut [2] Economic Indicators - The market is currently pricing in a 69.3% chance of a quarter-percentage-point cut in interest rates during the Fed's next meeting on December 9-10 [2] - There are no major data or earnings releases in Europe on Monday, but investors are preparing for the Autumn Budget in the U.K., with expectations of significant tax hikes from Finance Minister Rachel Reeves [3] Geopolitical Factors - Investors are monitoring U.S.-Ukraine peace talks, which have seen progress but no agreement on security guarantees for Ukraine, following a proposal perceived as pro-Russian [4]