Growth in Germany, Europe's biggest economy

European equities trade positive in this week's opening session with the French CAC outperforming (+0.5%). US stock markets opened near Friday's closing levels and fail to gain momentum.

British manufacturers' sentiment on business conditions soured in the three months to October a CBI survey found, in the latest sign of worries sparked by Brexit talks.

Trump's tax plan picked up momentum as White House budget director Mick Mulvaney said approving a bill by December is realistic. The GOP hasn't abandoned its goal of making the measure revenue neutral and can do so by boosting economic growth, Mitch McConnell said.

Turkish stocks, bonds and the lira fell after a weekend report in a local newspaper said six Turkish banks may face penalties resulting from a US investigation into their dealings with Iran, even after regulators denied the news and the publisher pulled the story.

Growth in Germany, Europe's biggest economy, likely held up at a high level in the third quarter, driven by superb industrial orders even as construction activity levelled off and private consumption dipped, the Bundesbank said in a monthly report.