European markets set to start the new trading week on a positive note

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European markets set to start the new trading week on a positive note
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European markets are heading for a positive open Monday but there's a more nuanced picture elsewhere.

were little changed on Sunday night as Wall Street looked ahead to a week that will see more commentary from the Federal Reserve and an important data release on Friday..

There will be congressional testimony Tuesday and Wednesday from Fed chair Jerome Powell that will give investors a better idea of what the central bank is thinking about inflation and its rate-hiking campaign. The U.S. non-farm payroll will be a key focus this week, with expectations to see cooled hiring, prompting the Federal Reserve to maintain a smaller rate hike pace.CNBC Pro: Wall Street pros name the biggest risk to stock markets — and reveal how to trade it

Stock markets are broadly in the green this year, but there is an uneasiness about the rally, with several risk factors still afflicting the market.Pro subscribers can

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