Merger cheer, Sanofi lift European shares; Fed in focus

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European shares recovered from early losses on Monday, fueled by a surge in the ...

The pan-European stocks benchmark index was up 0.2% by 0818 GMT at the start of a week that is expected to be dominated by meetings at major central banks.

Stocks have rallied since a steep fall in May on hopes that major central banks would ease monetary policy to stave off any further slowing in global growth as trade war risks persist. U.S. and Chinese trade negotiators will meet in Shanghai this week for their first in-person talks since a G20 truce last month, but expectations are low for a breakthrough.

 

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