The Fiscal Challenges Facing Europe
European stocks rose from their lowest level in almost six weeks, helped by gains in commodity producers and Siemens AG. After a market calm shattered by worry that central banks are less willing to use monetary tools to spur growth, investors are awaiting further cues from economic releases and next week’s Federal Reserve rate decision. Stocks lost 3.4 percent in the past five sessions as the European Central Bank downplayed the need for more stimulus and Fed officials gave mixed signals on prospects for higher borrowing costs. Also holding back equities is concern about the economy, with euro-area data missing forecasts by the most since April. London School of Economics Emeritus Professor Charles Goodhart and Panmure Gordon Chief Economist Simon French discuss with Bloomberg's Francine Lacqua on "The Pulse."