This week, market participants are looking ahead to the release of key U.S. inflation data as well as earnings reports from several high-profile companies. Technology stocks led the gains on Monday, with Infineon Technologies (IFX.D.DX) rising over +3% after the chipmaker announced a time-limited share buyback program. Energy stocks also gained as oil prices rose amid growing doubts that the Strait of Hormuz will reopen anytime soon. Final inflation data for July from Germany, Italy, Spain, and France, along with Eurozone trade figures for June and preliminary second-quarter employment data, will also attract attention. China's Shanghai Composite Index closed higher today as soft inflation data bolstered expectations of fresh policy support for the economy.