European markets are heading for a mixed open at the start of the new trading week, and investors will be keeping a close eye on the latest U.S. inflation figures.
April's consumer price index report is due out on Wednesday, with traders hoping that a return to rate hikes is largely off the table for the U.S. Federal Reserve despite a slew of hotter-than-expected inflation prints recently.
Overnight, Asia-Pacific markets were mixed as investors assessed China's stronger-than-expected April inflation data; China's consumer price index climbed 0.3% year on year, beating Reuters estimates of a 0.2% rise.
India's inflation figures will also be out late Monday, with economists polled by Reuters expecting inflation in the world's fifth-largest economy to slow slightly to 4.8% in April, down from March's 4.85%.
Organizations:
U.S . Federal, Reuters
Locations:
Asia, Pacific, March's