European Markets Extend Gains for Third Day Before ECB Meeting and U.S. Jobs Data

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European Markets Extend Gains for Third Day Before ECB Meeting and U.S. Jobs Data

European Markets Extend Gains for Third Day Before ECB Meeting and U.S. Jobs Data
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European Markets Extend Gains for Third Day Before ECB Meeting and U.S. Jobs Data

by TheStreet 2:07 mins

European markets were in a buoyant mood on Thursday, ahead of today’s European Central Bank policy meeting and June jobs data out of the United States. The ECB is expected to hold interest rates steady, a month after taking rates into negative territory for the first time. In Paris, shares of payment-terminals maker Ingenico Group SA surged after it entered into exclusive talks to acquire GlobalCollect NV, a Dutch online payment services company, for an enterprise value of 820 million euros ($1.12 billion). Zurich Insurance Group rose in Switzerland on its plans to sell its Russian retail unit to Olma Group of Moscow. Bucking the positive trend, British buyer Balfour Beatty plc fell on a profit shortfall at its engineering services division.

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