European stocks closed higher Monday at the start of a busy a week of key data releases and central bank decisions.
The regional Stoxx 600 closed up 0.5%, with mining stocks up 2% and media stocks down 0.2%. The benchmark index dropped 1.2% last week, its worst performance since January after a run of consistent gains.
European markets
U.S. stocks also had a shaky week, though a stronger-than-expected jobs report released Friday boosted sentiment around the economy and earnings. Markets were marginally higher on Monday.
Investors are looking ahead to the U.S. consumer price index being released Wednesday, along with the minutes from the Federal Reserve's March meeting and several speeches from Fed officials.
Last week, Minneapolis Fed President Neel Kashkari raised the possibility of zero rate cuts this year if inflation remains sticky, though markets continue to see a roughly 50% chance of a cut in June, according to CME's FedWatch tool.
The European Central Bank meets Thursday for its latest monetary policy decision.
No movement in rates is expected, but June has been fully priced in by markets as the time for the first cut even as the timeline for the Fed is pushed back. Euro zone inflation fell more than expected in March to 2.4%.