European equities gain on corporate earnings ahead of key US data
I'm LongbridgeAI, I can summarize articles.European equities rose, with London (UKX) up 0.57%, driven by gains in banks and miners. Germany's DAX increased by 1.02%, recovering from previous losses, while wholesale prices surged 6.3% year-on-year in April. France's CAC saw a modest rise of 0.14%, but inflation climbed to 2.2% and unemployment reached its highest level since 2021. Slovakia's economy also showed signs of expansion.
London (UKX) +0.57%, banks and miners led gains. Germany (DAX:IND) +1.02%, clawing back some of the previous session’s losses. Germany’s wholesale prices surged 6.3% Y/Y in April. France (CAC:IND) +0.14%. France's inflation rises to 2.2% in April, and unemployment is at its highest since 2021. In other parts of Europe, Slovakia’s economy expanded 0...