European Markets Edge Higher as Investors Await Earnings and Data

European stock markets are set for a cautiously optimistic start to the week, with investors closely monitoring upcoming earnings reports and significant economic data from both Europe and the US. Among the highlights, Spanish retail sales figures are due today, offering fresh insights into consumer spending trends.

Market Movements: At 8:00 am CET, the DAX saw a modest increase of 0.24%, while the CAC 40 edged up by 0.14%. The Euro Stoxx 50 and the FTSE 100 remained stable, showing little change. Currency markets were similarly subdued, with the euro and pound holding steady against the dollar at $1.13737 and $1.33142, respectively.