European stocks rose for a third day running on Friday, with strong earnings from U.S. retailers and expectations that the Federal Reserve may become less aggressive in tightening rates later in the year helping underpin sentiment.
The focus now shifts to the U.S. April core PCE price index due later in the day that could provide clues as to how the inflation outlook is shaping up.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com