European markets open to closed: stocks, data and earnings

European Bourses started the week differently on Monday, with the UK market shutting down due to bank holidays as investors look forward to the latest economic data and corporate earnings reports to be held this week.

Germany's DAX lasted 0.79%, while Italy's Dax FTSE MIB Trading is 0.15% higher, French trade CAC 40 0.55%.

Santander Austria's Erste Group Bank acquired about 49% of the Polish-based Santander Bank Polska shares, and Polish asset manager Santander TFI has acquired a 50% stake, it was announced on Monday. Erste Group's shares lasted about 7.7%.

Amsterdam-traded stocks shell Meanwhile, Bloomberg reported that the energy giant was evaluating potential acquisitions from its competitors, which continued to drop by 1.5%. bp.

A Shell spokesperson said in response to a request for comment from CNBC: “As we have stated many times, capture the value of Shell by continuing to focus on performance, discipline and simplification.”

Meanwhile, French satellite company Eutelsat soared, announcing the appointment of Jean-François Fallacher, former executive of Telecommunications Operator Orange, to appoint Jean-François Fallacher, whose new CEO takes effect on June 1.

Data released on Monday showed that Switzerland's inflation rate fell to 4%, lower than expected compared to the same period last year. Meanwhile, Türkiye's inflation rate rose 3% in April, increasing its annual rate to 37.86%.

While this will be a quiet start to the week in terms of earnings, several major companies will report in the coming days, including Novo Nordisk, BMW, Maersk and Commerzbank.

Central banks across Europe will also be watching this week, with risk banks in Sweden, North Bank of Norway and the Bank of England announcing their latest interest rate decisions.

Many Asian markets were also closed due to holidays on Monday. Australian Stocks is the first prime minister in the country to win a second term in 21 years after Prime Minister Anthony Albanese claimed victory.

After the winning week, U.S. stock futures continued to be lower, which made the S&P 500's longest positive series in two decades. Trade tensions and potential deals with key U.S. partners remain the most important for investors, about to decide from the Fed's interest rate. Central banks are generally expected to remain stable.