Key facts
- European stocks declined on Monday.
- The STOXX 600 is set for its fifth consecutive monthly gain.
- Oil prices and bond yields increased following U.S.-Iran military strikes.
- Germany's DAX fell 1.2% amid rising energy prices.
- Investors are awaiting euro zone inflation and U.S. payrolls data.
European shares experienced a decline on Monday, with the STOXX 600 index positioned for its fifth consecutive monthly increase. The market was influenced by rising oil prices and bond yields, attributed to U.S.-Iran military strikes. Germany's DAX index fell by 1.2% as data showed German inflation accelerated due to the conflict lifting energy prices. Investors are now looking ahead to crucial inflation figures from the euro zone and U.S. payroll data later in the week.