News Out of Europe: European Stocks Rebound
Investors shrug off concerns over a political crisis in the United States.
Here is a round-up of the news out of Europe.
European stocks rebounded firmly in early Tuesday trading as investors appeared to shrug off concerns over a gathering political crisis in the United States.
Market direction is likely to be influenced by key inflation data from Eurostat, the EU's official statistics office, which is publishing its January estimate of consumer price inflation.
H&M (HNNMY) has lifted its 2017 growth target after posting full-year sales that were largely in line with analysts' expectations.
The Bank of Japan, as expected, made no changes to its central aim of maintaining a negative 0.1% interest rate and keeping the 10-year bond yield at near 0% as part of its program of quantitative easing.
