European Stocks Rise as Investors Await US Inflation Data

European stocks rose for the fifth consecutive day as market volatility calmed and investors awaited key US economic data releases, including inflation figures, expected to provide clues about the Federal Reserve`s interest rate policy. While concerns linger about the Fed`s response to economic conditions, analysts point to factors like receding US recession fears and a less aggressive Bank of Japan as reasons for cautious optimism. However, uncertainty remains, with significant market reactions anticipated depending on the upcoming economic data. Meanwhile, Chinese authorities are taking steps to curb a surge in bond trading, aiming to prevent potential financial instability.