European stocks rise; politics, central bank meetings in focus

Investing.com - European stock markets rose Tuesday, boosted by ebbing worries over regional political turmoil in a week that includes several central bank policy meetings, including from the Bank of England.Sentiment in Europe has rebounded after the battering the region’s stock markets suffered last week in the wake of the gains from right-wing parties in the European Parliament elections, culminating in French President Emmanuel Macron calling for a snap election.

Opinion polls suggest the far-right National Rally will win the upcoming French election ahead of a left-wing alliance, with President Emmanuel Macron's centrist group trailing in third. Although this result would be far from ideal as far as most investors are concerned, last week’s drop in the French CAC-40 index of more than 6%, its worst weekly loss since March 2022, has been seen as overdone, with the index making a comeback.for the eurozone later in the session, with the annual figure expected to be confirmed at 2.6%, an increase from 2.4% the previous month.

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