European markets set to open higher ahead of Trump-Ukraine crunch talks

European markets set to open higher ahead of Trump-Ukraine crunch talks


U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House in Washington, D.C., on Feb. 28, 2025.

Nathan Howard | Reuters

LONDON — European stocks are expected to open in positive territory on Monday as traders focus on a meeting between European leaders and U.S. President Donald Trump to discuss Ukraine.

The U.K.’s FTSE index is seen opening 0.23% higher, Germany’s DAX up 0.16%, France’s CAC 40 up 0.24% and Italy’s FTSE MIB 0.2% higher.

European leaders, including German Chancellor Friedrich Merz, French President Emmanuel Macron and British Prime Minister Keir Starmer, are traveling with Ukraine’s Volodymyr Zelenskyy to Washington to meet Trump at the White House to discuss a peace deal.

Zelenskyy is likely to come under pressure to enter a deal. In a post on Truth Social, Trump said the president could “end the war with Russia almost immediately, if he wants to, or he can continue to fight.”

The meeting follows Trump’s summit with Russian President Vladimir Putin last Friday, but the talks concluded without a ceasefire. It’s been widely reported since then that Putin told Trump that he would agree to one, if Russia was handed Ukraine’s eastern Donbas region. On Sunday, U.S. special envoy Steve Witkoff suggested Ukraine could be given some security guarantees to bring an end to the war.

Overnight, Asia-Pacific markets mostly rose ahead of the talks, while U.S. stock futures traded slightly higher early Monday after hopes for lower interest rates fueled a winning week on Wall Street.

There are no major earnings on Monday. Data releases include Spanish and EU trade balance figures.



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