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LONDON — European stocks were positive Monday, as investors look ahead to fresh economic data and interest rate decisions from the region.

The Stoxx 600 index provisionally closed 0.8% higher, with all major bourses and most sectors trading in the green. Banks added 1.9% while technology stocks fell 0.7%.

German blue-chips on the DAX index finished 1% higher even after the Ifo Institute released a survey which found the country’s business sentiment had “deteriorated” in June. Expectations were more pessimistic as the economy struggles to escape stagnation.

German construction giant Hochtief was meanwhile the top performer on the Stoxx, up nealy 10%, after analysts at Jefferies upgraded the stock to a “buy.”

European markets experienced a choppy week of trade last week as investors assessed a number of central bank decisions and data releases, including a rate cut by Switzerland’s central bank and a hold on interest rates by the Bank of England.

Monetary policy decisions come from Sweden and Turkey’s central banks this week, while data releases to look out for include gross domestic product data from Spain on Tuesday and Italy on Friday. Global sentiment will also be swayed by the U.S. personal consumption expenditures price index, the Federal Reserve’s preferred inflation gauge, out Friday.

Asia-Pacific markets mostly fell Monday as investors await inflation data from Australia and Japan later this week.

U.S. stocks were muted in early deals as the market enters the last week of June and 2024′s first half near record highs.

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