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European equities were set to fall on Monday, tracking losses in Asia as investors remain cautious over the prospect of an early global economic recovery and ahead of the much-awaited earnings season.
Financial spreadbetters expected Britain's FTSE 100 to open 6 to 10 points lower, Germany's DAX to open 8 to 22 points lower, and France's CAC-40 to open 8 to 17 points lower.
Shares of energy firms will feel the pinch of lower crude oil prices, which fell below $66 a barrel on Monday.
European stocks edged lower on Friday, recording their third straight week of losses, led by utilities, oil & gas and basic resources, but volumes were thin in the absence of U.S. market participants due to the extended Fourth of July weekend.
The U.S. corporate earnings season gets under way this week, with results expected from oil major Chevron and aluminum producer Alcoa.
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Data is a real-time snapshot *Data is delayed at least 15 minutes