European Markets Show Positive Momentum

Major European stock indexes closed mostly higher on Monday, setting a positive tone for the week as investors eagerly await major corporate earnings and data reports from both Europe and the United States.

Index Performances Highlighted

The German DAX 40 saw a modest increase of 0.13%, while the CAC 40 advanced by a more significant 0.50%. The Euro Stoxx 50 also improved, gaining 0.32%. Notably, Airbus SE stood out with a jump of 2.65% across these indexes. Meanwhile, the FTSE 100 remained flat, showing no significant movement.

Currency Movements

On the currency front, the euro appreciated by 0.17% against the dollar, trading at $1.13866 by 5:33 pm CET. The British pound also gained strength, increasing by 0.59% to stand at $1.33917.