Stock markets stay upbeat on easing inflation, China stabilisation hopes

01.12.2022

European shares extended gains on Wednesday as Eurozone inflation eased more than expected in November.

The pan-European Stoxx 600 index was up 0.42% at 0830 GMT. Sentiment was boosted after headline inflation in the single currency bloc fell to 10% from 10.6% in October, versus expectations of 10.4%. This marked the...