Europe Stocks Climb to Three-Month High on Stimulus Anticipation
- Investors expect ECB to extend asset purchases, cut rates
- European stocks heading for second consecutive monthly gain
The European Stoxx 600 Closes at Three-Month High
This article is for subscribers only.
European stocks pulled off a second monthly advance on bets the region’s central bank will increase stimulus at this week’s meeting.
The Stoxx Europe 600 Index rallied to a three-month high, taking its November gain to 2.7 percent. Auto-related shares rose the most on Monday as the weakening euro is seen helping exporters. Economists surveyed by Bloomberg unanimously predict the European Central Bank will expand stimulus on Thursday.