European Stocks Open Higher

Major European stock markets opened higher on Monday, with investors closely watching for fresh reports on business activity from Germany, the Eurozone, and the United Kingdom. The DAX advanced by 0.71%, the FTSE 100 gained 0.47%, and the CAC 40 rose by 0.28%. Notable performers included Rheinmetall AG and Anglo American plc, which saw significant gains.

Global Attention on US-Russia Meeting

A meeting between American and Russian delegations in Saudi Arabia to discuss a ceasefire in Ukraine has captured global attention. This development comes as the euro and pound both traded higher against the dollar, reflecting investor optimism.

Market Performers

Among the top performers, Thales surged by 3.43% and Stellantis NV gained 2.04%, contributing to the Euro Stoxx 50's improvement by 0.73%. The euro traded 0.21% higher against the dollar, while the pound added 0.21% compared to the greenback.