Global Financial News: Investors Adopt a Cautious Stance Ahead of an Active Week

Here is your round-up of the financial news from around the world:

1. European stocks notched modest gains to open the second quarter of equity trading even as investors adopted a cautious stance ahead of an active week for economic and political events in both Europe and the United States.

2. Britain's FTSE 100 was marked 15.6 points, or 0.2% lower at the session began, with basic resource shares pinning down the benchmark and investors keeping a keen eye on the pounds, which has been holding at multi-week highs against the U.S. dollar.

3. The region's standout share mover, however, was Imagination Technologies  (IMGTY) , which lost most more than £540 million ($676 million) in the opening minutes of trading in London after Apple (AAPL) - Get Report , its biggest customer, said it will stop using the chip maker's intellectual property starting next year. Imagination shares plunged 191 pence, or 71.1%, to change hands at 77.47 pence each, the lowest in at least eight years.

4. Bond markets are also likely to react to a weekend interview with Donald Trump in the Financial Times, in which the President warned that if "China is not going to solve North Korea, we will," in reference to the ongoing difficulties the country is creating in the region. The pressure comes ahead of a meeting between Trump and China's leader, Xi Jinping later this week in Mar-a-Largo, Florida, during which the two are expected to discuss trade, regional security and Chinese monetary policy.

READ MORE: European Stocks Grind Higher, Imagination Plunges After Apple Pulls Contract