ASX ASX Limited

European stock markets rose in early trading Tuesday, with the Stoxx Europe 600 up by 0.25%, following gains in Asian equities.

The rise was led by a 0.38% pickup in Italy's FTSE MIB index.

In currency markets, sterling rose again, up 0.33% against the dollar to $1.334, and up 0.23% against the euro, to €1.195.

After a few quiet weeks, investors are beginning to look ahead to the European Central Bank meeting on Thursday.

The ECB signaled at its July meeting that it would reassess the economic situation in September, when it will also release a fresh round of forecasts. The latest business surveys from the eurozone services sector showed growth, but at its slowest pace in 19 months.

In Asia, stocks gained almost across the board. The Nikkei closed up 0.26% and Hong Kong's Hang Seng is currently up 0.45%, but Australia's ASX is slightly lower, down 0.25%.

Write to Mike Bird at Mike.Bird@wsj.com

(END) Dow Jones Newswires

September 06, 2016 04:15 ET (08:15 GMT)

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