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European markets rise on corporate earnings and interest rate outlook

European markets kicked off the new trading week higher, as investors continued to monitor corporate earnings and the interest rate outlook.

The pan-European Stoxx 600 was up 0.34% at 8:43 a.m. in London, with all sectors in the green bar oil and gas, which dipped 0.08%. Financial services and autos led gains, both higher by around 0.7%.

Food delivery firms Just Eat and Delivery Hero were the top performers, up by 6% and 4.4%, respectively. Deutsche Bank analysts raised their target price on Just Eat, but trimmed their target price on Delivery Hero, according to Reuters.

Fidelity European Trust PLC (LON:FEV) aims to be the cornerstone long-term investment of choice for those seeking European exposure across market cycles.

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