The FTSE 100 (^FTSE) and European stocks were mixed on Monday as UK workers are earning more while producing less, according to new data. The Resolution Foundation said that falling pension costs and import prices have temporarily severed the link between productivity and wage growth in Britain, allowing real wages to rise without putting further pressure on inflation. However, it warned in its latest Macroeconomic Policy Outlook that it will not last. It comes as real average weekly regular earnings grew by 2.1% in the year to February. Real wages have grown as much over the past 12 months as they have over the previous 16 years. Meanwhile, the latest business trends report from BDO on Monday morning revealed that output rose last month to its highest level in almost two years. London’s benchmark index was just 0.1% higher in early trade. Germany's DAX (^GDAXI) was treading water and the CAC (^FCHI) in Paris headed 0.1% into the red. The pan-European STOXX 600 (^STOXX) was up around 0.05%. Wall Street is set to open higher as S&P 500 futures (ES=F), Dow futures (YM=F) and Nasdaq futures (NQ=F) were all in the green. The pound (GBPUSD=X) was fairly muted against the...