Market Stability Amid Mixed Economic Indicators

European stocks and U.S. futures remained steady on Monday, influenced by Japanese markets being closed for a holiday. Investors are now focusing on upcoming U.S. and Chinese economic data. Despite last week's turmoil, stronger-than-expected U.S. figures helped mitigate global slowdown fears, stabilizing the markets.

European stocks and U.S. futures remained relatively stable on Monday, buoyed partially by the closure of Japanese markets due to a holiday, which reduced a source of recent volatility. Investors are attentively looking ahead to upcoming U.S. and Chinese economic data, especially after last week's turbulence driven by disappointing U.S. jobs data and volatility in Japanese yen trading strategies.

Stronger-than-expected U.S. economic data helped ease fears of a potential global slowdown, allowing stocks to recover nearly all of their losses by the end of the week. European markets were notably calmer, with the STOXX 600 index down 0.1%, Germany's DAX index flat, and Britain's FTSE 100 up by 0.3%.

Investors are closely monitoring upcoming U.S. consumer price index data for July and retail sales figures, expected to provide further insight into inflation and economic health. Meanwhile, currency markets saw Japan's yen slip as investors unwound carry trades. Global market stability hinges on economic data releases from both the U.S. and China in the coming days.

(With inputs from agencies.)