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European Market Updates

European Shares Gain As Largest UK Lenders Pass Stress Tests

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

European stocks rose on Wednesday to extend recent gains as focus shifted to U.S. inflation data due later in the day, expected to show moderation in price pressures.

That said, sticky inflation and rising core-inflation numbers could lead to market volatility later in the day.

U.K. stocks outperformed regional peers after the Bank of England said its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to raise additional capital.

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Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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