European Stocks Edge Higher as Key Central Bank Week Kicks Off

-- European stocks edged higher as investors braced for a week of much-anticipated central bank meetings and a renewed flood of earnings reports.The Stoxx Europe 600 Index traded 0.2% higher at 3 p.m. in London. The real estate and health-care sectors gained the most, while autos and personal care stocks posted the biggest declines.

“Remarkably, despite the confluence of these potentially market-shifting events, the markets are approaching this juncture with a positive mood - risks rising in the face of a positive sentiment could make of this hot week a difficult sail,” said Florian Ielpo, the head of macro research at Lombard Odier Asset Management.

Hamas accused Israeli Prime Minister Benjamin Netanyahu on Monday of preventing a ceasefire in Gaza by adding new conditions and demands to a U.S.-backed truce proposal, after the latest talks conducted through mediators. The group said it had received the latest response from Israel, following talks in Rome involving Israel, the United States, Egypt and Qatar.

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