European stocks closed on a bright note on Tuesday with investors reacting positively to U.S. consumer price inflation data that raised optimism about the outlook for interest rates.
European stocks declined on Monday amid much uncertainty about the outlook for interest rates. After February U.S. payroll figures exceeded expectations, investors now look ahead to the release of key U.
European stocks traded slightly higher on Thursday after data showed Spanish inflation cooled sharply in February. Also, French inflation eased to its weakest level since September 2021, fueling debate on when the European Central Bank would cut interest rates.
European stocks may open on a mixed note Wednesday as investors await key U.S. GDP and inflation readings along with speeches by Fed officials for fresh clues on the timing of the Federal Reserve's easing cycle.
European stocks closed broadly lower on Wednesday with investors reaccting to quarterly earnings updates and making largely cautious moves ahead of key U.S., eurozone and Chinese economic data due this week.