APAC stocks were mixed with a mostly negative bias, Europe looks set for a mostly higher open - Newsquawk EU Market Open

Asia-Pacific markets closed mixed with a mostly negative bias after last week’s oil-led surge, while European equity futures (excluding the FTSE 100) pointed to a higher cash open. EUR/USD inched up and returned above 1.1200 after France avoided a ratings downgrade from Moody’s. The trading focus for the day included Swedish PPI for September, Germany’s Ifo for October, and China’s Fifth Plenum, alongside ECB speaker Elderson. On the policy and geopolitical front, President Trump said it was “decision time” on whether to strike a deal with Tehran or resume attacks, with multiple reports of expanded US and allied targeting plans amid Middle East tensions.