European stocks strengthen after Easter break

By FXStreet European equities strengthened early trading despite a softer trade in Asia and weakness in oil prices.

At the time of writing, Stoxx 50 index was up 0.96%. Germany’s DAX and France’s CAC are up at least 0.80% each. The mining heavy London’s FTSE traded 0.70% higher despite lower oil prices and Brexit fears.

Shares in Norway’s Subsea 7 were down 2.85%, followed by a 2.15% drop in Seadrill. In London, miners were taking a beating. Rio Tinto was down 1.7% and was followed by names like Glencore, Randgold Resources, BHP Billiton.

Federal Reserve chair Janet Yellen is due to give a speech later on Tuesday and investors are keen to see whether she adds credence to the hawkish view put forward by her policymakers last week.
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Source:: FX Street