European shares tick higher as easing Fed hike bets lift gold

Global Market: European shares climb despite geopolitical risks; miners lead gains

European shares edged higher as gains in basic resources and technology stocks offset weakness in defensive sectors. A softer dollar, weaker US economic data and firmer gold prices supported sentiment, while investors continued to monitor Federal Reserve policy expectations, commodity prices and geopolitical risks.

European shares tick higher as easing Fed hike bets lift gold

Aug 17 (Reuters) - European shares inched up on Monday, led by basic resources stocks as gold ​prices advanced on a ‌weaker dollar and softer U.S. economic data, while easing expectations of a Federal Reserve rate hike supported sentiment. The pan-Euro...

European Stocks Gain As Lower Yields Support Miners And Technology Shares

European stocks moved higher as lower bond yields, a weaker US dollar and reduced expectations of another near-term Federal Reserve rate increase supported market sentiment. The STOXX 600 rose around 0.2%, with gains led by mining and technology shares. Germany’s DAX also advanced, France’s CAC 40 was broadly flat and the FTSE 100 moved higher. Softer economic data reduced the likelihood of another immediate Federal Reserve rate increase, while …