Markets in Europe close higher at the beginning of a week full of data

On Monday, European stocks ended the week on a high note as investors evaluated the potential impact of Donald Trump's presidency on markets.

The majority of sectors and major bourses were in positive territory as the pan-European Stoxx 600 index tentatively finished 1.1% higher. The equities of materials and construction led the advances, closing about 2% higher.

Friday marked the benchmark index's third straight weekly decline as investors evaluated the possibility that President-elect Trump will impose universal tariffs.

This week, investors will be examining a new set of EU economic trends, which includes GDP (gross domestic product) figures for the United States and the United Kingdom as well as inflation statistics from Germany.

Following a robust surge last week, Wall Street also saw a rise on Monday. The U.S. stock market Europe reached yet another set of records on Friday, as the Dow and S&P 500 concluded their greatest week in a year following Trump's presidential victory.

The Federal Reserve also helped U.S. equities last Thursday when it cut interest rates by a quarter percentage point. The most recent U.S. inflation data, which is expected later this week, will be anticipated by investors worldwide.

Following China's newest stimulus measures' lackluster performance and its lower-than-expected October inflation data, Asia-Pacific markets slumped on Monday.

The chief market analyst at online trading platform IG, Chris Beauchamp, says the FTSE 100 has risen 1% thanks to a solid performance by U.K. banks.

In his note, Beauchamp stated that the UK government's decision to sell a larger portion of its ownership in NatWest is another indication of trust in the company and a step in the long process of moving past the emergency government takeover that occurred in 2008. In the meantime, Barclays, which is still enjoying the benefits of Trump's victory, made the day even better for the financial industry.

The stock prices of Barclays and NatWest were up 3.8% at 4:11 p.m. London time. As of right now, the FTSE 100 was up 0.66%.