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European stocks scored a fourth consecutive win Tuesday, with investors hanging onto brighter prospects for further global stimulus efforts as the markets headed into a new earnings season.
The Stoxx Europe 600 SXXP, -0.13% rose 1.1% to close at 336.26, ending at the highest level since June 23rd, the day of the U.K.'s Brexit vote.
Investors are looking at the potential for an interest-rate cut by the Bank of England when it meets on Thursday. Mark Carney, Bank of England chief, was testifying at a Treasury committee to discuss the central bank's financial stability report.
U.S. stocks ticked up on Wednesday, just enough for the S&P 500 and Dow industrials to set record highs, with investors expecting upbeat earnings to keep the rally going.
Wall Street shares have quickly recovered the losses triggered by Britain's vote on June 23 to leave the European Union, driven by solid U.S. economic data.
Asian shares remained near an eight-month high on Thursday as investors bet the Bank of England will cut rates to ward off recession following Britain's vote to leave the European Union.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.1 percent, hovering near the highest level since November it reached on Wednesday. Japan's Nikkei .N225 added 0.8 percent.
Chinese stocks, however, were lower, with the CSI 300 index .CSI300 slipping 0.3 percent and the Shanghai Composite .SSEC down 0.4 percent. Hong Kong's Hang Seng .HSI was little changed.
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