FX.co ★ European Stocks Rise After Selloff

European stock markets started the week on a positive note, with the Euro Stoxx 50 climbing by 0.6% and the Stoxx 600 increasing by 0.2%. This upturn comes after a significant decline last week when both indexes experienced losses exceeding 3%, prompted by concerns about the US economy's strength. These concerns arose from unexpectedly weak employment figures and heightened global growth worries following President Trump's announcement of new tariffs. Further contributing to the market's unease was the removal of the Bureau of Labor Statistics' head by Trump, casting doubt on the reliability of future economic data. In the coming days, investors will focus on several critical events: the Bank of England's monetary policy decision—where a 25 basis-point interest rate cut is anticipated—along with a busy schedule of corporate earnings and economic reports. Key data releases include industrial production figures from Europe's largest economies, as well as services and construction PMI reports and Germany’s trade balance.