Europe markets head into midweek with inflation, trade, and growth all in focus. UK price data surprised to the downside, strengthening the case for an imminent Bank of England rate cut and moving sterling and equities in opposite directions.

Alphabet’s rally has faded as the stock grinds lower, signaling waning enthusiasm for mega-cap tech and AI trades after a period of extreme optimism and crowded positioning.

Visa is completing a 15% corrective pullback, with signs of an A-B-C decline. A channel breakout could confirm a bullish reversal, targeting the unfilled gap near 371, while support sits at 311 and 298.

Oil prices surged overnight, jumping off multi-year lows after President Trump ordered a "total and complete blockade" of oil tankers into and out of Venezuela.