European shares rise as China COVID optimism lifts mood
Among economic cues, investors will be watching for German inflation data for November - expected to decline from the month before - later in the day, as well as final November consumer confidence data for the euro zone.

Energy and healthcare stocks led European shares higher on Tuesday, following a strong handover from Asia where sentiment was boosted by speculation that China could ease COVID-19 curbs after recent protests.
The pan-European STOXX 600 index rose 0.3% by 0805 GMT. The index marked its worst session in almost two weeks on Monday on protests in China and worries about COVID curbs hitting economic growth in the world's second-largest economy. Asian shares rallied strongly as they looked to a press briefing from China's health officials to ramp up bets that the recent public unrest might prompt an earlier loosening in COVID-19 restrictions.
China's National Health Commission issued a notice to increase COVID vaccinations for the elderly and shorten the time between vaccinations, while a health official said the unrest stemmed from overzealous implementation rather than the measures themselves. Among economic cues, investors will be watching for German inflation data for November - expected to decline from the month before - later in the day, as well as final November consumer confidence data for the euro zone.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Asia
- pan-European
- China
- German
- European
- Asian
- National Health Commission
- COVID
ALSO READ
POLL-European Central Bank to raise deposit rate to 3.25% by mid-year
Russian warship armed with hypersonic missiles to join drills with China, S.Africa
Germany ready to let Poland send Leopard tanks to Ukraine
China's domination of rare earth elements remains a threat
US checkmates China in Africa by bolstering trade ties