European Stocks Close Higher As Oil Prices Drop; Markets Eye Central Banks Rate Decisions

Major European markets reversed morning indecision to close firmer on Monday, with gains building after around noon. A retreat in oil prices, as concerns about supply disruptions eased, was cited as a significant driver of the session's positive tone, supporting modest risk-on positioning among investors.

Analysis

Major European markets reversed morning indecision to close firmer on Monday, with gains building after around noon. A retreat in oil prices, as concerns about supply disruptions eased, was cited as a significant driver of the session's positive tone, supporting modest risk-on positioning among investors.