European Markets Edge Higher as Investors Await Earnings and Data

European stock markets are set for a muted opening as the new trading week kicks off, with all eyes on a slew of earnings reports and economic data expected from both sides of the Atlantic. Highlighting today's agenda is the release of Spanish retail sales figures, which could provide fresh insights into consumer spending trends in the region.

Market Movements in Early Trading

At 8:00 am CET, Germany's DAX index saw a modest increase of 0.24%, while France's CAC 40 edged up by 0.14%. Meanwhile, the Euro Stoxx 50 and the UK's FTSE 100 remained unchanged, reflecting a cautious stance among investors. Currency markets were also quiet, with the euro and pound showing little movement against the dollar, trading at $1.13737 and $1.33142, respectively, at 7:59 am CET.