European Shares Rise As UK GDP Returns To Growth
European stocks traded at three-week highs on Thursday as dovish views from Federal Reserve officials helped ease concerns around inflation and interest-rate hikes.
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European stocks traded at three-week highs on Thursday as dovish views from Federal Reserve officials helped ease concerns around inflation and interest-rate hikes.
European stocks are seen opening on a steady note Tuesday as dovish Fed comments offset concerns over heightened geopolitical risks. The dollar and bond yields retreated while gold climbed to over a one-week high as dovish remarks by Fed officials prompted investors to undercut the likelihood of further Fed rate increases.
European stocks closed on a buoyant note on Tuesday as investors indulged in hectic buying right through the day's session, as bond yields fell after dovish comments from Federal Reserve Officials.
European stocks are seen opening on a sluggish note Monday as inflation concerns returned to the fore. Oil prices jumped nearly 4 percent as Hamas' Saturday surprise attack on Israel threatened to inflame tensions in the Middle East, home to almost a third of global supply.
European stocks are likely to open higher on Thursday after tech stocks led Wall Street's rebound overnight on easing fears over the need for further rate rises.