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European Shares Edge Higher On Economic Optimism

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks rose on Tuesday to hit new highs, as investors digested mostly positive economic data and looked ahead to the release of key U.S. inflation data due on Thursday for clues on when the Federal Reserve may begin to talk about tapering its asset purchases.

The pan European Stoxx 600 rose 0.3 percent to 455.03 after closing 0.2 percent higher on Monday. The German DAX inched up 0.2 percent, while France's CAC 40 index and the U.K.'s FTSE 100 were up around 0.4 percent.

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Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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