European Markets Edge Higher

Major European stock exchanges saw a mostly positive start to the week as investors prepared for a series of significant economic data releases. Among the highlights are the latest consumer and producer inflation figures from the Eurozone and Germany. Additionally, the monetary policy decisions from the United States Federal Reserve, the Bank of England, and the Swiss National Bank are eagerly awaited in the coming days.

Market Movements: The DAX index opened with a 0.23% increase, while the Euro Stoxx 50 saw a slight decline of 0.10% at 9:00 am CET. The CAC 40 started the day with a 0.10% gain, and the FTSE 100 added 0.19% at the opening bell.

Currency Watch: At 8:58 am CET, both the euro and the pound remained stable against the dollar, trading at 1.08752 and 1.29351, respectively.

Stay tuned for more updates as the week progresses...