Will Equity Rally Boost Confidence in European Stocks?
Equities in Europe rose for a fourth day as Theresa May’s imminent appointment as the U.K. prime minister reduced political uncertainty and Japanese premier Shinzo Abe promised bolder policy changes to revive the economy. Stocks are rallying on optimism that global policy makers will adopt looser monetary policy in the aftermath of the U.K.’s vote to leave the European Union. In London, May is set to take charge as early as Wednesday after her rival pulled out of the race for premiership. Investors awaited details of her leadership team to gauge the extent of support the new regime will extend to businesses. HSBC Head of Global Equity Strategy Robert Parkes discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."