European stocks edged higher on Thursday, with the Stoxx 50 and Stoxx 600 both up 0.3%, as investors awaited central bank rate decisions and monitor corporate earnings. Optimism also grew around UK-U.S. trade ties, as reports suggest Britain may become the first country to strike a deal following new U.S. tariffs.
In corporate headlines, Puma SE delivered a stable Q1 performance, offering reassurance despite lacking a CEO. AB InBev posted profits at the top end of its guidance, helped by better-than-expected sales volumes.
Maersk also beat expectations for Q1 operating profit and held its full-year outlook steady. Siemens Energy raised its forecast after a strong quarter driven by favorable market conditions, though it warned of a tariff-related profit hit.
Attention now shifts to rate announcements from Sweden's Riksbank, Norway's Norges Bank, and especially the Bank of England, which is expected to cut rates amid slowing inflation and global economic uncertainty.
Source: Trading Economics
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