European shares opened relatively unchanged on Monday, following their strongest weekly performance in three months. Investors are bracing for a data-heavy week, with a key focus on U.S. Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium,

European stocks may open on a mixed note Monday after posting significant gains last week on the back of encouraging U.S. data releases. Asian markets traded mixed while U.S. stock futures inched higher,