Equities in Europe traded mostly higher in the premarket on Monday ahead of the reports on investor confidence in the Eurozone and Germany's industrial production and trade balance. Furthermore, the Bank of England (BoE) will publish its latest quarterly bulletin.

The DAX rose by 0.75% at 8:00 am CET. The FTSE 100 increased by 0.29%. The CAC 40 declined by 0.19%. The Euro Stoxx 50 gained 0.69%.

The euro lost 0.11% to the dollar at 7:58 am CET to sell for $1.08361. Meanwhile, the pound sterling stood flat against the United States currency to change hands for $1.29140.