European markets move higher as Brexit talks begin; Credit Suisse up 3.4% – CNBC

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European bourses were trading higher during early afternoon deals on Monday, as investors shifted their attention to political events across Europe.

Brexit talks

Meanwhile, investors in Europe will be keeping a close eye on the political sphere in the region on Monday, as U.K. Brexit Secretary David Davis goes to Brussels to begin negotiations. Sterling inched higher against the dollar. The U.K. currency was 0.14 percent higher at $1.2792 just after midday.

The meeting – which is expected to see a structure for the negotiations be laid out along with an opportunity to build trust – marks almost one year since the U.K. voted to leave the European Union.

The discussions also come less than two weeks after Theresa May and her Conservative Party lost their overall majority in parliament, adding more uncertainty to the current state of British politics.

Sticking with the U.K., British stocks – in particular travel and leisure – will be closely watched on Monday. This comes after news that a vehicle drove into a crowd of people near a mosque in the Finsbury Park area of London. According to the Metropolitan police, there were a number of casualties, with one man pronounced dead at the scene.

Not a Scientific Survey. Results may not total 100% due to rounding.

Major airline and defense stocks will also be in focus on Monday, as leading plane giants head to the International Paris Air Show in France, to hunt out multimillion or even multibillion-dollar deals.

—Reuters and Everett Rosenfeld contributed to this report.

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European markets move higher as Brexit talks begin; Credit Suisse up 3.4% – CNBC

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