European stocks close higher as investors focus on central bank meetings, data
European stocks closed higher Tuesday as investors shifted their focus to upcoming central bank meetings by the U.S. Federal Reserve, Bank of Japan and Bank of England.
The pan-European Stoxx 600 added 0.77% by the closing bell, led by a 2.37% rise for retail stocks while banks were the only sector to finish in the red, falling 0.93%.
Investors in Europe are looking ahead to the results of the latest U.S. Federal Reserve meeting taking place Tuesday-Wednesday, although the central bank is not expected to make any changes to its monetary policy stance, and reacting to the latest data from China.
Reference: CNBC
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