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European markets are expected to open higher Monday as a holiday-shortened trading week begins in the run-up to Christmas.

The U.K.’s FTSE 100 index is expected to open 8 points higher at 8,098, Germany’s DAX up 12 points at 19,919, France’s CAC up 7 points at 7,291 and Italy’s FTSE MIB up 76 points at 34,031, according to data from IG.

Trading is expected to be relatively muted in the run-up to Christmas, with European markets set to be closed, or close early, for Christmas Eve and to remain shut on Christmas Day.

Overnight, Asia-Pacific markets started the week on a positive note, with investors awaiting an official announcement related to the merger of Japanese automakers Honda and Nissan.

Sentiment in Asia was boosted following a cooler-than-expected inflation reading that helped lift U.S. markets Friday. U.S. stock futures edged up in overnight trading Sunday.


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