Major stock indexes in Europe traded in the green in premarket hours on Monday after United States President Donald Trump announced that he will impose 25% tariffs on all aluminum and steel imports. Additionally, the latest report on the Eurozone's investor confidence is expected to be released after the opening bell.

The DAX climbed by 1.69%, while the FTSE 100 improved by 2.04% at 8:00 am CET. At the same time, the CAC 40 added 0.90%, and the Euro Stoxx 50 surged by 2.55%.

The euro and the pound traded flat against the dollar at 7:58 am CET, selling for $1.03187 and $1.24087, respectively.