LONDON/SYDNEY – European stocks held near a 14-month high on Tuesday, following better-than-expected Chinese economic data, while Sterling rose after wage growth numbers also exceeded forecasts and supported expectations for a further Bank of England rate rise. Europe's broad STOXX 600 index rose 0.3 percent, trading just shy of its highest level since Feb 2022 hit a day earlier. It was kept in positive territory by European banking stocks that gained 1.4 percent ahead of results from U.S. big beasts Goldman Sachs and Bank of America later in the day.

https://business.inquirer.net/396477/european-shares-hold-near-14-month-top-sterling-strengthens

#inquirer