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Chinese economic data that showed a smaller than expected trade surplus in January as imports grew faster than exports, was also supportive.

At 0747 GMT, STOXX Europe STXEc1 futures are up 0.4 percent, Germany's DAX futures FDXc1 are up 0.4 percent, while France's CAC-40 FCEc1 futures are up 0.4 percent.

The FTSEurofirst 300 .FTEU3 had ended Friday's session up 0.4 percent, breaking a three-day losing streak, on news of Mubarak's resignation.

"Friday's news from Egypt served up the catalyst to push what was already a delatively solid market to take the next step forward, leaving Wall Street to deliver another strong set of leads going into the weekend break and the news is continuing to buoy sentiment in equity markets globally," said Cameron Peacock, market analyst at IG Markets.

In Asia, Japan's Nikkei rose 1.1 percent on the China data and inflation talk and on a positive outlook for the domestic economy after figures showed its economy shrank less than expected in the fourth quarter, although it still lost its place as the second-biggest economy to China.

Stocks elsewhere in the region .MIAPJ0000PUS gained 1.2 percent.

Metals prices also rose in London in early trade, with copper rallying above $10,000 a tonne and Shanghai copper up more than half a percent ahead of the Chinese inflation data, buoying heavyweight mining stocks including the Australian-listed issues of Rio Tinto and BHP Billiton BHP.L, up 1.3 percent to 1.5 percent.

Traders said China's consumer price index may have risen 4.9 percent in the year to January, well below the consensus forecast of 5.3 percent, a day ahead of the official release.

Last Friday, U.S. stocks had ended higher on the back of the Mubarak news, posting a second straight week of gains.

The Dow Jones industrial average .DJI ended up 0.4 percent, the S&P 500 .SPX closed up 0.6 percent, while the Nasdaq Composite index .IXIC ended 0.7 percent higher.

On Monday in Europe, earnings news is thin on the ground -- with Bilfinger Berger, Nexans, Terna, Ubisoft and Astaldi in focus -- while a mobile phone trade show gets underway in Barcelona.

On the macroeconomic front, euro zone industrial data is due out at 1000 GMT, while U.S. NAHB housing market data is due out at 1500 GMT.

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