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European Stocks Close Higher On Encouraging Earnings Updates

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

European stocks closed higher on Tuesday as strong earnings updates from the likes of UBS and Reckitt Benckiser helped investors shrug off fresh worries about China's property sector.

As inflation worries mount, investors looked ahead to a slew of central bank meetings in Europe, Japan and Canada this week for directional cues.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.