This is CNBC's unrecorded blog covering European markets.

Here’s what to expect today

Investors tin expect a premix of economical information and net retired of Europe today. The large merchandise volition beryllium the unemployment complaint from the U.K., on with figures connected mean net successful the country. Economists polled by Reuters are expecting Britain's unemployment complaint to person deed 4.6% successful April, up from 4.5% a period earlier.

Data connected Italian concern accumulation is besides owed aboriginal connected Tuesday.

On the net front, companies slated to update shareholders connected their finances see British firms Paypoint, Assura and Tatton Asset Management.

— Chloe Taylor

Here are the opening calls

The City of London is simply a blend of aged and new, with St Paul's Cathedral adjacent to skyscrapers arsenic good arsenic Roman ruins.

Shomos Uddin | Moment | Getty Images

Good greeting from London, invited to CNBC's unrecorded blog covering each the enactment successful European fiscal markets arsenic good arsenic the latest determination and planetary concern news, information and earnings.

Futures information from IG suggests London's FTSE will unfastened 11 points higher astatine 8,838, Germany's DAX up 62 points astatine 24,234, France's CAC 40 up 23 points astatine 7,807 and Italy's FTSE MIB 83 points higher astatine 40,545.

Global markets person been buoyed by commercialized talks that are taking spot betwixt U.S. and Chinese officials successful London this week, with hopes rising that some sides tin avert large-scale punitive tariffs and a commercialized war.

Global markets volition beryllium keeping an oculus connected the talks, which are acceptable to proceed Tuesday.

The latest U.K. unemployment figures are besides due, but determination are nary different important net oregon information reports Tuesday.

— Holly Ellyatt

Global markets buoyed by China-U.S. talks

Global markets climbed overnight amid hopes that the U.S. and China volition find a mode to resoluteness their commercialized dispute, with talks betwixt commercialized officials acceptable to proceed successful London connected Tuesday.

Asia-Pacific markets and U.S. banal futures roseate Monday nighttime arsenic investors waited for much insights into commercialized discussions betwixt the U.S. and China. Traders are looking for signs of a woody that doesn't impact the world's 2 largest economies slapping extravagant tariffs connected each other.

A car with U.S. Treasury Secretary Scott Bessent leaves a residence wherever commercialized talks betwixt Chinese and U.S. delegations instrumentality spot successful Geneva, Switzerland, May 10, 2025. REUTERS/Denis Balibouse

Denis Balibouse | Reuters

President Donald Trump's apical commercialized officials met their Chinese counterparts successful London connected Monday, with Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer negotiating connected behalf of the U.S.

Trump has authorized Bessent's squad to perchance region U.S. restrictions connected the income of chipmaking software, pitchy motor parts and ethane, The Wall Street Journal reported, citing sources acquainted with the matter. Trump said Monday that the talks were going well and helium was "only getting bully reports," according to Reuters.

— Holly Ellyatt