LONDON—European stocks rose in early trading on Monday and world stocks were just below 13-month highs ahead of key inflation data and U.S. Federal Reserve and European Central Bank meetings later in the week.
After lacking direction during Asian trading, market sentiment picked up in early European trading, as investors waited for U.S. CPI data due on Tuesday.
At 0845 GMT, the MSCI World Equity index was up 0.2 percent on the day, holding just below a recent 13-month high, while MSCI’s Europe index was up 0.8 percent.
Europe’s STOXX 600 was up 0.5 percent and London’s FTSE 100 was up 0.3 percent….