European Markets React to Geopolitical Tensions

In the early hours of Monday, major European stock markets showed signs of resilience as they traded higher amidst the ongoing geopolitical tensions between US President Donald Trump and Ukrainian President Volodymyr Zelensky.

Economic Data Awaited This Week

Aside from the geopolitical developments, investors are also keenly anticipating a slew of economic data set to be released this week. This includes manufacturing PMI figures and the European Union's inflation report, which could provide further insights into the economic health of the region.

Market Movements

By 8:01 am CET, the DAX had seen an increase of 0.19%, while the CAC 40 remained steady. The FTSE 100, on the other hand, rose by 0.45%, and the pan-European Euro Stoxx 50 also experienced a 0.36% uptick.

Currency markets also saw movements, with the euro appreciating by 0.33% against the dollar to $1.04085, and the pound increasing by 0.13% to $1.25976 at 7:59 am CET.