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Stock impact report

European shares touch two-week high; inflation data, Fed policy in focus [Yahoo! Finance]

BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP) 
US:NYSE Investor Relations: bhp.com/investor-centre
Company Research Source: Yahoo! Finance
April 29 (Reuters) - European shares climbed to a two-week high on Monday, extending strong gains from last week, with investors awaiting economic data and the Federal Reserve's policy decision, while Deutsche Bank dropped on a provision for Postbank litigation. The pan-European STOXX 600 was up 0.3%, as of 0718 GMT GMT, after logging its first weekly gain in four on Friday. Basic resources led sectoral gains, with shares of Anglo American climbing 2.3% after Reuters reported BHP Group is considering making an improved offer for the miner. Atos jumped 12.6% as the French government made an offer to buy out some of its key units. Deutsche Bank dropped nearly 4% as the German lender will make a legal provision over a litigation regarding its takeover of Postbank that will hurt its second-quarter and full-year profitability. Investors await the euro zone's inflation data and the Fed's much-anticipated May interest rate decision over the week's course for clues on the global po Show less Read more
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