European markets set to open higher as earnings come into focus

Market Overview - European stocks are expected to open higher, with the U.K.'s FTSE index projected to rise by 0.18%, Germany's DAX by 0.15%, France's CAC 40 by 0.3%, and Italy's FTSE MIB by 0.4% [1] Earnings Reports - The earnings season is underway, with investors focusing on financial reports from companies such as ASML, Volvo, LVMH, and Deutsche Bank this week. On Tuesday, Atlas Copco, Sandvik, and Logitech International are scheduled to report [2] Trade and Tariff Developments - U.S. President Donald Trump announced plans to increase tariffs on South Korean autos, pharmaceuticals, and lumber from 15% to 25%, citing the lack of legislative approval for Seoul's trade deal with Washington. This announcement led to a sharp decline in shares of South Korean autos, although losses were later reduced [3] Federal Reserve Expectations - The Federal Reserve is widely expected to maintain its key interest rate in the range of 3.5% to 3.75%, with traders looking for indications on potential future rate cuts [4] European Economic Data - Upcoming European data releases include EU new car registrations, Spanish unemployment figures, and French consumer confidence statistics [4]