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UK and European stocks advanced and the British pound weakened against other major currencies after data showed that the UK inflation turned softer than anticipated in July.
UK & European stocks rose at the open following a positive session on Wall Street, as investors mulled the latest UK inflation reading.
UK and European stocks closed higher as market participants monitored a fresh batch of economic data following last week’s volatility.
UK & European stocks rose at the open as investors mulled the latest UK jobs data.
European stocks are slightly higher in cautious trade on Monday with investors digesting regional earnings updates and German wholesale prices data, and awaiting inflation data from the U.K., and U.S. due later in the week.