The European stock indexes advanced on Monday supported by positive outlook for eased interest rate hikes from Fed's side and hopes of revived global economy post China opened its borders.

The earlier released NFP figures on Friday implied that Fed may take less aggressive stance, pushing the stocks higher and the greenback down.

Europe's STOXX 600 edged 0.5% approaching its highest level in one month and London's FTSE 100 advanced 0.2% continuing its earlier week's earnings touching its highest level in four years.

Fed's target from the followed approach is to tame the soared inflation without hitting recession, that's why the upcoming soft interest hikes are quite projected.

EUR/USD added 0.3% at $1.0673, after surging 1.2% earlier on Friday.

The European government bond yields nudged up post recording a steep in the earlier week. The German government bond advanced by 2.268%.

Where else the 10-year U.S. Treasury yield rebounded from a massive slip last week and rose at 3.606.