India, March 10 -- European stocks may open on a positive note Monday as investors bet on increased spending on infrastructure and defense in the region to beef up security and ensure that Ukraine will still be protected.
With U.S. President overturning old certainties about the reliability of the U.S. as a security partner, EU nations are stepping up efforts to defend themselves in an increasingly multipolar world.
Furthermore, the European Central Bank is expected to adopt a more flexible approach to interest rates, unlike the Fed which is cautious.
U.S. stock futures traded lower amid lingering tariff-related uncertainties.
In a Fox News interview that aired Sunday, President Trump declined to rule out a recession this year, saying "...