European Stock Markets on the Rise

As the new week begins, European stock markets have opened mostly higher. Investors are keenly awaiting the release of crucial data on German consumer inflation and the euro area's private sector, expected shortly after the opening bell.

Swiss Retail Sales Raise Concerns

Meanwhile, in Switzerland, retail sales have not met analysts' expectations, growing by only 0.3% in November. This has led to concerns about the country's economic stability.

Market Performance Overview

The CAC 40 saw an increase of 0.49%, while the Euro Stoxx climbed 0.59%. The DAX also rose by 0.33%, although the FTSE 100 remained flat. In currency markets, the euro and pound both made gains against the dollar, with the euro trading at 1.03271 and the pound at 1.24535.

More updates to follow...