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Banks, commodity stocks lift European shares as markets await ECB meet

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The ECB on Thursday is expected to confirm an end to bond-buying this month and investors will be looking for clues on monetary policy

Markets have ramped up bets on ECB interest rate rises this year after data last week showed euro zone inflation at a record high. A bigger, 50 basis-point hike at one of the bank’s policy meetings by October is being priced in.

British Prime Minister Boris Johnson will face a confidence vote later on Monday, the chairman of the 1922 Committee Graham Brady has told lawmakers, after a report documented alcohol-fuelled parties when Britain was under strict COVID lockdowns.

 

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