European shares end higher on China recovery optimism
European shares closed a touch higher on Tuesday as China relaxing its COVID-19 curbs more raised hopes of a recovery in the world's second-largest economy.
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European shares closed a touch higher on Tuesday as China relaxing its COVID-19 curbs more raised hopes of a recovery in the world's second-largest economy.
European shares climbed on Tuesday, tracking a global rally in equities after China further relaxed its COVID-19 curbs, raising hopes of a recovery in the world's second-largest economy. While London and Dublin markets remained closed for the Christmas holiday, most European bourses advanced in early trading. Chinese reopening and the in-line U.S. inflation data on Friday could provide a "minor boost to equity markets," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
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