German's DAX and France's CAC are among the outperformers, with both showing gains of more than 1%. Amid the national indexes, the FTSE 100 is underperforming with a 0.5% gain, reversing Friday's outperformance with the pound managing to rebound some of the losses it saw late last week. The breakdown confirmed that the uptick was entirely due to a renewed acceleration in energy price inflation, fitting into the dovish-leaning narrative of ECB President Draghi.