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European Shares Rise After Earnings Beat

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

European stocks were mostly higher on Wednesday, with encouraging earnings and hopes for a strong economic recovery offering some support.

Caution prevailed as investors awaited U.S. inflation data due later in the day for clues on monetary policy going forward.

The pan European Stoxx 600 inched up 0.3 percent to 437.89 after tumbling 2 percent on Tuesday.

The German DAX edged up 0.1 percent and France's CAC 40 index was marginally higher while the U.K.'s FTSE 100 was up 0.7 percent after the release of GDP figures.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.