Wall Street

Robust earnings support European shares; eyes on BoE rate decision

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Reuters UK

(Reuters) – European shares edged up on Thursday following strong results from a slew of companies, with focus squarely on Britain’s central bank that is expected to lift interest rates by the most since 1995. The pan-European STOXX 600 index gained 0.1%, taking cues from a 0.4% rise in Asian equities and a strong overnight rally on Wall Street after robust economic data and upbeat corporate outlook. Credit Agricole rose 2% as it joined French rivals BNP Paribas and Societe Generale in announcing a better-than-expected quarterly profit amid record activity at its investment banking division. L…

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