European Stocks and U.S. Futures Show Recovery as Investors Eye Economic Data

European stocks and U.S. futures saw a slight rise on Monday as Japanese markets closed for a holiday, easing recent volatility. Investors are focused on upcoming U.S. and Chinese economic data after markets tumbled the previous Monday due to weak U.S. jobs numbers. Stock markets showed resilience by recovering losses by the end of last week.

European stocks and U.S. futures showed a modest increase on Monday while the yen declined, attributing to Japan's holiday which reduced recent market volatility. Investors are focusing on incoming economic data from the U.S. and China, after previous market declines driven by weak U.S. job statistics and an unwinding yen trading strategy.

Market fluctuations last week saw a recovery by Friday, buoyed by stronger-than-expected U.S. data, calming fears of a global economic slowdown. Europe's STOXX 600 index nudged up 0.2%, with Germany's DAX and Britain's FTSE 100 seeing modest gains.

Key U.S. consumer price index data for July, expected mid-week, may indicate a slight rise in monthly inflation. Futures for the U.S. S&P 500 also saw a 0.2% uptick. The Japanese yen slipped as the dollar rose, and investor sentiment was relatively stable. Data suggest a quieter period this week as compared to last, with Japanese markets closed, calming the Asian session.

(With inputs from agencies.)