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European Markets Edge Higher With Earnings, Data and Vaccines on the Radar


Stocks in Europe received a mildly positive hangover from Asia-Pacific, where Chinese tech shares listed in Hong Kong bounced on Wednesday after 12 major companies signaled compliance with antitrust laws.
Stateside, stocks rose to record levels as investors digested better-than-expected results from major U.S. banks including Goldman Sachs, JPMorgan Chase and Wells Fargo.
Investors were tracking the latest vaccine developments Wednesday. U.S. health authorities on Tuesday recommended pausing the distribution of Johnson & Johnson s Covid-19 vaccine after six women under the age of 50 developed rare blood clots after getting the inoculation. Johnson & Johnson announced that it would delay the vaccine s rollout in Europe, while South Africa also suspended its use. ....

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Bank of England's outspoken, inflation-wary chief economist to quit


4 Min Read
LONDON (Reuters) - Bank of England Chief Economist Andy Haldane, who has sounded the only notes of alarm about inflation among the central bank’s top policymakers, will leave the institution after more than 30 years to run a charity, the BoE said on Tuesday.
The Chief Economist of the Bank of England, Andy Haldane, listens from the audience at an event at the Bank of England in the City of London, London, Britain April 27, 2018. REUTERS/Toby Melville
Haldane has been the most upbeat member of the BoE’s Monetary Policy Committee about the chance of a sharp economic recovery from the COVID pandemic, and in February he warned that an inflationary “tiger” might be stirring. ....

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