April 11 (Reuters) – European stocks rose on Tuesday as investors returned from a long holiday weekend to face a week full of crucial economic data including March inflation in Germany and the United States , which will provide more clues about the trajectory of global interest rates.
The pan-European STOXX 600 index rose 0.7%, with the mining and automotive sectors leading, up 2.4% and 1.9% respectively.
The International Monetary Fund (IMF) will release its latest outlook for the global economy at 13:00 GMT, on the sidelines of the IMF-World Bank spring meeting.
Investors will also be watching February retail sales and the April Sentix Eurozone Index, which will be released later today, to gauge the health of the region’s economic situation.
Glencore rose 3.6% as its chief executive is due to meet some of the Canadian shareholders of Teck Resources Ltd in Toronto on Thursday to rally support for its plan to acquire the copper and zinc miner.
Vodafone gained 0.7%, after the telecommunications giant resolved an outage that affected thousands of users of its UK home broadband service after hours of inactivity.
(Reporting by Shubham Batra in Bengaluru; Editing in Spanish by Benjamín Mejías Valencia)
“Devoted organizer. Incurable thinker. Explorer. Tv junkie. Travel buff. Troublemaker.”
