(Reuters) – Europe’s main stock index rose on Tuesday, with miners’ shares strengthening and real estate stocks gaining, as ongoing corporate earnings, economic data and the outlook for global monetary policy weighed on market sentiment. Designed to give more shape.
Pan-European was up 0.4% as of 0810 GMT, with basic resources leading the sectoral charge with a 1% gain.
The real estate sector also climbed 0.8 percent after falling nearly 2 percent on Monday.
German submarine and car parts maker Thyssenkrupp ( ETR: ) jumped 7.5 percent after fourth-quarter results, while Embracer gained 3.7 percent as tabletop games publisher Asmodee was spun off from the Swedish gaming group. is given
Swiss hearing aid maker Sonova Holdings fell 2 percent after a half-year underlying earnings miss.
After last week’s picks for health and defense roles, all eyes are on upcoming appointments for US Treasury Secretary and Trade Representative under President-elect Donald Trump.
Any indication of the pace of global interest rate cuts will also be on investors’ watchlists, as Trump’s policies appear to revive inflation and cloud further US rate cuts, and as ECB policymakers look to the euro. Concerns have been signaled about the expected new US trade tariffs affecting the zone’s economic growth.
