European stocks traded higher on Friday, with financials and luxury goods makers rising on the back of strong earnings.
Sentiment was also helped by optimism that the Federal Reserve would halt interest-rate increases in the next policy review in June.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.