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European shares inch up ahead of ECB as earnings remain in focus
European shares inched up on Thursday ahead of the European Central Bank’s policy meeting, while investors assessed a fresh batch of upbeat earnings reports. The pan-European STOXX 600 index was up 0.11% at 644.80 points by 0806 GMT. The ECB is widely expected to keep interest rates steady at 2.5% but the spotlight will be on President Christine Lagarde’s comments on the French bond crisis and Lagarde’s own future. Corporate results, which have been the major driver of market sentiment recently, also remained in focus. Shell announced above-expectation net profit of $10.81 billion in...
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