FX.co ★ European Stocks Trade Cautiously Ahead of Key Week

European markets remained stable on Monday as investors focused on a pivotal week for U.S. monetary policy and kept an eye on ongoing peace negotiations concerning Ukraine. Anticipation is building around the Federal Reserve’s Jackson Hole symposium, where Chair Jerome Powell is expected to shed light on the future of interest rates. Concurrently, Ukrainian President Volodymyr Zelenskiy and European leaders were slated to engage in talks with U.S. President Donald Trump in Washington to explore a potential peace agreement, with concerns looming over the possibility that Kyiv may be urged to consent to terms that favor Moscow’s interests. In corporate developments, shares of Novo Nordisk climbed over 3% on Tradegate, following the U.S. approval of its weight-loss medication, Wegovy, for the treatment of MASH, a liver disease.