For Europe, EUROSTOXX 50 futures rose 0.2%. S&P 500 futures gained 0.1%, having hit a record last week, while Nasdaq futures firmed 0.2%.
The bullish run in stocks has been driven by diminishing risk that the Federal Reserve will not raise interest rates next month, which is now seen as a 69% probability event after a slew of soft data.
U.S. retail sales posted the first decline in nine months in July and consumer sentiment soured by more than expected, adding to soft inflation readings that took out the impetus for the Fed to hike immediately.
The main data point this week is the August S&P Purchasing Managers' Indices (PMIs) to see if the mid-year acceleration in U.S. business activity would be sustained. Earnings are lighter this week but include Home Depot, Target, Walmart as investors scrutinise the strength of U.S. consumers.
In bond markets, U.S. Treasury yields slipped on Monday after finishing last week mixed. The two-year U.S. Treasury yield fell 2 basis points to 4.156%, having fallen 3 basis points last week to touch a seven-week low of 4.0977%.
Ten-year yields slipped 1 basis point to 4.684%, after rising 4 basis points last week.
The soft run of data has weighed on the U.S. dollar, with the euro up 0.1% at $1.1578, just off a two-month peak of $1.1585. The dollar slipped 0.1% on the yen to 159.15.
In commodity markets, gold held at $4,381 an ounce, having climbed 0.8% last week.
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