European and Asian stock markets tracked a Wall Street rally on Friday, when better-than-expected earnings and easing worries of a big 100-basis-point rate hike by the Federal Reserve this month boosted sentiment. MET/L However, investors remained cautious ahead of earnings this week in Europe amid soaring inflation, slowing economic growth and political uncertainties. Investors are also focussed on a slew of data this week, including the UK employment report, inflation and retail sales numbers which could offer clues on the health on the economy and monetary policy outlook.