European markets head for cautious start to the week

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European stocks are expected to open cautiously on Monday reflecting mixed sentiment in Asia-Pacific markets overnight.

Stocks posted their best week in months on Friday as investors grew more relaxed about inflation, seeing the current price acceleration in the U.S. not as a sustained economic threat, but as a temporary uptick.

In the U.K. Monday, new Health Secretary Sajid Javid will update lawmakers on when the U.K. can expect to ease Covid-19 measures further. Covid restrictions are currently due to end on July 19, the date already having been extended due to the spread of the delta variant.For exclusive stock picks, investment ideas and CNBC global livestream

 

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