Major stock indexes in Europe opened higher on Monday after the Swiss Federal Statistics Office released a report on the number of employed workers in the country, which observed an increase of 1.2%. Investors also awaited Germany's report on its current business conditions and expectations, which will be released later today, and inflation data from Spain, Germany, France, Italy and the Eurozone, which will be released later this week.

The Dax rose by 0.83% at the open, with Vonovia SE increasing by 4.76%, while the FTSE 100 climbed by 0.45%, as JD Sports Fashion added 2.85%. At the same time, the CAC 40 jumped by 1.03%, with Kering SA surging by 3.24%. The Euro Stoxx 50 grew by 0.91% at the opening bell, as Kering SA soared by 2.3.02%.

The euro traded 0.34% higher than the dollar and sold for $1.04505 at 8:58 am CET. Meanwhile, the pound gained 35% against the dollar, selling for $1.25737 at 8:59 am CET.