European Markets Gear Up for a Week of Earnings and Economic Data

As the new trading week kicks off, European stock markets are showing a mixed but generally positive trend, with investors closely watching upcoming earnings reports and economic indicators from across Europe and the US.

Highlighting today's economic calendar is the release of Spanish retail sales data, a key indicator of consumer spending in one of Europe's largest economies.

Market Movements in Early Trading

At 8:00 am CET, the DAX showed a slight increase of 0.24%, while the CAC 40 gained 0.14%. The Euro Stoxx 50 and the FTSE 100, however, remained flat, indicating a cautious start to the week.

Currency markets were also quiet, with the euro and the pound holding steady against the dollar at $1.13737 and $1.33142, respectively, by 7:59 am CET.