European Markets Kick Off the Week on a High Note

Major European stock exchanges opened higher on Monday, buoyed by positive developments in global trade negotiations. The United States recently finalized a trade agreement with the United Kingdom and engaged in productive discussions with China, temporarily alleviating economic concerns.

Significant Gains Across the Board

The DAX led the charge with a 1.36% increase at the opening bell, closely followed by the Euro Stoxx 50, which soared 1.45%. Meanwhile, the CAC 40 and FTSE 100 also enjoyed healthy gains of 0.91% and 0.56%, respectively.

Currency Movements

At 8:59 am CET, the euro was trading 0.28% lower against the dollar at 1.12199, while the pound saw a slight decline of 0.13%, trading at 1.32877 against the greenback.

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