Europe: Stocks extend gains on Biden bounce

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[LONDON] European stock markets rose at the start of trading onThursday, extending a bounce on the back of Joe Biden taking office as US president. Read more at The Business Times.

Mr Biden on Wednesday signed a flurry of executive orders, starting with rejoining the 2015 Paris climate accord from which the US withdrew under Donald Trump.

"There's plenty of optimism in the markets at the moment and we're seeing another promising start to the session," Oanda trading group analyst Craig Erlam told AFP. ECB policymakers are expected to stop short of taking fresh action after ramping up their pandemic support last month.

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