BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks traded higher on Monday
ahead of this week's U.S. presidential debate and France's snap parliamentary
election.

The dollar slipped and bond yields eased as investors await key U.S. inflation
data and comments from Federal Reserve officials this week for clarity on the
Fed's rate path.

The pan European STOXX 600 was up half a percent at 517.76 after falling 0.7
percent on Friday.

The German DAX was up 0.6 percent despite a measure of Germany's business
sentiment softening in June.

France's CAC 40 climbed 0.8 percent ahead of the first round of French
parliamentary elections this week.

The U.K.'s FTSE 100 was up 0.6 percent ahead of the release of key U.K. GDP data
later in the week.

In corporate news, Belgian pharmaceutical company argenx soared 7.3 percent
after receiving approval from the U.S. health regulator for Vyvgart Hytrulo, a
treatment for chronic inflammatory demyelinating polyneuropathy.

Prudential shares surged 5.5 percent in London after the insurer launched a $2
billion share buyback program.

Britvic jumped 8 percent as Carlsberg AS secured the agreement of PepsiCo Inc
for a potential £3.1 billion ($3.9 billion) takeover of the British soft drinks
manufacturer.

GSK rose more than 1 percent after Japan approve its Omjjara (momelotinib) for
the treatment of myelofibrosis.

Safran rose 1.5 percent in Paris after it entered into exclusive discussions to
acquire 100 percent of Preligens for an enterprise value of 220 million euros.

Valneva SE jumped 8.5 percent after Health Canada approved IXCHIQ, the company's
single-dose vaccine for the prevention of disease caused by the chikungunya
virus in individuals 18 years of age and older.

Eurofins Scientific plummeted 22 percent after research firm Muddy Waters
recommended a 'short' position on the stock.

German automakers BMW, Mercedes Benz and Volkswagen rallied 2-3 percent after
China and the European Union have agreed to start talks on the bloc's plans to
impose tariffs on electric vehicles imported from the Asian nation.

Online retailer Zalando plunged 5.6 percent after Morgan Stanley cut its rating
on the stock to 'equal weight' from 'overweight'.



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