Robust economic data and earnings optimism lifted European stocks
The US
Wall Street closed mainly higher as signs of a faster reopening of the economy are more and more present. Also, New York and New Jersey are set to begin lifting restrictions starting May 19. USA30 gained 0.70%, while USA500 climbed 0.27%. TECH100 fell 0.48%.
Crude oil rose 1.34% to $64.43 per barrel.
Gold traded 1.34% higher at $1,792.35 per ounce.
Asia and Australia
Chinese and Japanese markets were closed for Labor and Constitution Day, respectively.
Down under, Australia200 edged up 0.14% ahead of the Reserve Bank’s policy decision due on Tuesday.
USD/JPY fell 0.15% to 109.11.
Europe
Stocks closed higher after a strong eurozone factory activity and German retail sales, highlighting a quick rebound in economic growth. Europe50 rose 0.6%, while Germany30 was up 0.8%. France40 gained 0.6%.
UK markets were closed for the May Bank holiday.
Brent oil rose 1.11% to trade at $67.50 a barrel.
EUR/USD traded at 1.2064 after it gained 0.37%.
Sources: investing.com, reuters.com
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