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Tuesday, 18 November 2014

Europe follows Japan higher on stimulus hopes

European shares rose and bond yields fell on Tuesday on hopes that a possible snap election in Japan might lead to more economic stimulus measures and that Germany's ZEW survey would be upbeat.
Investor sentiment was also lifted by comments from European Central Bank chief Mario Draghi on Monday that he was ready to do more to fight deflation.
Investors were also betting that the ZEW survey for November, due out at 1000 GMT (5 a.m. ET), would show some signs of stabilization in Europe's biggest economy and reverse 10 straight months of decline.

News Credit: Reuters