European equity markets were poised for a higher open on Monday, extending gains for a third consecutive session amid improving market sentiment.
The rally followed US President-elect Donald Trump's nomination of hedge fund manager Scott Bessent as Treasury Secretary, which helped reduce market uncertainty.
In Europe, investors are set to assess Germany's Ifo Business Climate Index for November, which will provide insights into economic conditions.
On the corporate front, UniCredit has proposed acquiring domestic rival Banco BPM for approximately 10 billion euros, potentially creating Italy's largest banking group. In premarket trading, Euro Stoxx 50 and Stoxx 600 futures were up 0.3% and 0.4%, respectively.
Source: Trading Economics
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