European shares rise ahead of central bank rate decisions

European shares rose at the start of an event-heavy week as investors buckled up for a key U.S. inflation print and interest rate decisions from major global central banks, while weakness in metal prices knocked down miners.

The pan-European STOXX 600 (.STOXX) gained 0.4%, holding to its highest level in 22 months.

The index has advanced 11.6% so far this year, mainly boosted by bets of interest rate cuts on evidence of slowing inflation and a likely shallow recession in the euro zone economy.

JPMorgan European Discovery Trust plc (LON:JEDT) is an investment trust company. The Investment Trust JEDT objective is to achieve capital growth from a portfolio of quoted smaller companies in Europe, excluding the United Kingdom.

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