European stocks are expected to open higher despite thin trading volumes due to the U.S. Labour Day weekend. A federal appeals court ruled most of Trump’s tariffs illegal, potentially impacting trade negotiations. Trump criticized the ruling, warning of dire consequences without tariffs. Economic data, including European PMIs and EU unemployment figures, along with political events in France, will be watched. Asian markets were lower on disappointing data, while the U.S. Commerce Department revoked chipmaking tool exemptions. U.S. markets ended lower on Friday due to rising inflation concerns. Gold prices rose, but Brent crude fell. European stocks also fell on Friday due to geopolitical tensions and political uncertainty in France.

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