European stocks kicked off the new trading week higher, with U.S. and U.K. inflation data set to dominate focus this week.

The pan-European Stoxx 600 index nudged 0.3% higher at Monday's open as investors hunt for signs that last week's market rout is finished. Financial services and insurance led gains, both up by around 0.6%.

European stocks followed their counterparts in Asia-Pacific higher, continuing to shake off recent volatility. Global stock markets see-sawed last week with steep sell-offs followed by a sharp rebound.

Source: CNBC