Markets Rise Ahead of U.S. Inflation Report

Global markets kicked off the week on a positive note as investors weighed easing geopolitical concerns and strong corporate earnings against the anticipation of Wednesday's closely watched U.S. inflation report.

The Nikkei 225 in Japan surged 2.1%, while South Korea's KOSPI added 0.7% and China's Shanghai Composite gained 0.7%. European stocks were modestly higher, with the STOXX Europe 600 up 0.1% during early trading.

Technology companies and exporters benefited from improved investor sentiment in Asia, while energy companies gained in Europe due to firm crude oil prices.

The release of the U.S. Consumer Price Index on Wednesday is expected to provide crucial evidence on whether price pressures continue easing or if recent increases in energy costs are starting to impact the broader economy.