Investing.com - European stock markets mostly rose Wednesday, largely maintaining the recent positive tone as the quarterly earnings season continues in full swing.European equities have benefited from the positive tone generated globally from an extended rebound in the U.S.
Sales were up 2% at constant exchange rates, led by stronger demand for Roche’s newer medicines and diagnostics, the company said, while, excluding Covid-19 products, sales were up 7%.This is expected to show a small improvement in sentiment in Europe’s largest economy, although this is unlikely to stop the European Central Bank from cutting interest rates in June, as recently flagged by a number of ECB officials, including President Christine Lagarde.
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