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European stock indices rebound after yesterday's trading session losses supported by strong earnings reports and German consumer price inflation data at -0.3% in line with expectations. Banking stocks recovered from yesterday's losses after regulators ordered five banks to pay a record settlement. FTSE 100 index is currently trading +0.25% at 6,627.62 points, Germany's DAX 30 gained +0.78% trading at 9,283.16 points and France's CAC 40 won +0.70% currently quoted at 4,209.21 points. Investors are awaiting U.S. Initial Jobless Claims later in the day at 13:30 GMT.
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