European stock markets traded higher Monday, starting the new week on a positive note as investors await regional inflation data to provide clues on the near-term path of interest rates.
At 03:40 ET (08:40 GMT), the DAX index in Germany traded 1.1% higher, the CAC 40 in France climbed 1.1% and the FTSE 100 in the U.K. rose 0.7%.
European equities ended sharply lower last week following the negative lead on Wall Street after data showed the Fed’s preferred inflation gauge grew more than expected in January, providing the U.S. central bank with more headroom to keep raising interest rates.
Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.