European Markets Poised for Flat Open

As Monday's trading session commences, major European markets are expected to open mostly flat. Investors are eagerly anticipating the release of the Eurozone's investor confidence survey by Sentix, which could potentially influence market movements.

Over the weekend, geopolitical developments took center stage, impacting global sentiment. South Korean President Yoon Suk-yeol successfully navigated an impeachment attempt, maintaining stability in the region. Meanwhile, Syrian President Bashar al-Assad sought refuge in Russia after rebel forces advanced into Damascus, adding another layer of complexity to the international political landscape.

In European trading, Frankfurt's DAX and the CAC 40 indices remained flat. The FTSE 100 showed a slight increase of 0.11%, while the Euro Stoxx 50 experienced a decline of 0.22%. The euro weakened by 0.16% against the US dollar, trading at 1.05487 at 8:01 am CET. The pound sterling remained unchanged against the dollar, trading at 1.27344.